Agriculture Minister, Given Lubinda, Fails To Pay Back $10 000 Loan

Agriculture Minister, Given Lubinda, Fails To Pay Back $10 000 Loan

A LIVINGSTONE business executive has sued former Kabwata Member of Parliament (MP) Given Lubinda over an alleged debt of more than US$10, 000.

Hakon Hellebust is demanding that Mr Lubinda, who is Agriculture minister, pays him $10, 380 being the money he loaned him, $ 50 for the transfer of the money, US$7, 200 interest and damages for breach of contract.

Mr Hellebust alleges that on July 10, 2016 he loaned Mr Lubinda an amount of $10, 380.

He said the money was sent to Mr Lubinda through a deposit into his account on July 10, 2006. Mr Hellebust alleges that an agreement dated July 7, 2006 was signed by both parties after which the money was transferred into Mr Lubinda’s account held at Holiday Inn , the now Southern Sun branch.

He further alleged that the agreement stated that a $50 fee for the transfer of the money was to be borne by Mr Lubinda.

Mr Hellebust said despite numerous reminders, Mr Lubinda had failed to settle the amount owed to him.

He said this had resulted in Mr Lubinda breaching the agreement.
Source: Lusaka Times

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