A house belonging to the head of the Zimbabwe Football Association (Zifa) will be sold this Friday over a debt the football mother body owes to a local bank.
According to reports Cuthbert Dube’s Waterfalls house will be sold to pay up an overdraft that had swelled to $1 568 839 as at December 2013.
The property, situated at number 44 Bradley Street in Waterfalls and measuring 9 859 square meters, will be auctioned by Property Heights Real Estate.
For some bizarre reason the Zifa boss used his personal properties as collateral to borrow money for the association’s expenses.
Just last year Dube again used one of his properties to secure accommodation for the Tanzanian national team which had been locked out of a Harare hotel.
His house in Mount Pleasant, Harare has been raided several times by the Messenger of Court taking away some of his property, but releasing it later.
The Football Association owes Dube money believed to be in the region of $1 million. According to a 2012 audit report, he was owed $700 000 at the time.
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