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Justice Moesi tussles with CEDA over P3.9m debt

Friday, April 26, 2024 | 1790 Views |

Lobatse High Court PIC: MORERI SEJAKGOMO

Francistown High Court judge, Justice Keborapele Bashi Moesi, together with his company Bovine ID & Beef Labelling Company has been ordered to pay Citizen Entrepreneurial Development Agency (CEDA) over P3.9 miilion from a failed loan payment.

This follows Lobatse High Court judge, Justice Jennifer Dube's recent summary judgment against Justice Moesi and his company cancelling a loan agreement with CEDA. The parties entered into the agreement in 2011. Justice Dube ordered that the Moesi and his company should pay CEDA the sum of P3,954,488.41 plus interest charged at the rate of 7.5 percent per annum.

The judge also declared immovable and movable property belonging to Justice Moesi be executable.

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