MAI TT’s theft of trust property resumed yesterday with her lawyer cross examining the State’s star witness on her evidence-in-chief.
She is being accused of transferring a car she was renting to a loan shark she owed US$10000.
The witness, Rachel Mhuka, maintained her evidence that her agreement with Mai TT was based on trust.
She said that was why she didn’t pursue to sign a second affidavit when she was given the car in question as collateral.
“I have known her for a long time and it was because of that friendship that I lent her that amount of money,” she said.
The lawyer further quizzed the witness on which car she was given as collateral as there were two vehicles that were being mentioned.
“Initially, she gave me the Benz as collateral and we signed an affidavit to that effect and, after a while, she retrieved the Benz saying it wasn’t hers and brought the Audi which she claimed was hers.
“I believe the contract didn’t end when she took the Benz because she told me that it belonged to her employer, who wanted it back, and she gave me the Audi, which I believed was hers as I had seen her using it on social media.
“We didn’t sign a second agreement because I trusted her as my friend and was satisfied as I still had something to hold on to as collateral.
“I didn’t even request the car’s registration book because I trusted her,” she said.
The lawyer further insinuated that Mhuka’s actions showed that she didn’t regard the Audi as collateral, which she denied, saying she assumed the first affidavit would suffice.
Mhuka told the court that she realised that Mai TT was a crook when she confessed that the car belonged to Else Car Rental after the company started demanding the car back.
She also became concerned when she gave her a cancelled passport to hold on to as collateral.
The matter is back in court on May 9 when magistrate Munashe Chibanda is expected to file a ruling on an application for discharge, Mai TT is set to file this Friday.
Info News
Top-Rated Construction Accident Lawyer Near Me for Serious Workplace Injuries
A top-rated construction accident lawyer near you brings experience, credibility, and proven results. These attorneys handle complex cases involving scaffolding collapses, crane accidents, and defective equipment. Their deep knowledge of construction safety standards allows them to identify negligence and hold responsible parties accountable.
rnrn
Hiring a reputable lawyer ensures your case is handled professionally from start to finish. They manage all legal aspects, from filing claims to representing you in court if necessary. With their support, injured workers can focus on recovery while pursuing the compensation they deserve.
rn
The Importance of Financial Literacy in Modern Society
Financial literacy is the ability to understand and manage personal finances effectively. It includes budgeting, saving, investing, debt management, and financial planning. In today’s economy, financial literacy has become increasingly important as individuals face rising living costs, complex financial products, and growing economic uncertainty.
rnrn
One of the key benefits of financial literacy is improved money management. Individuals who understand budgeting and saving strategies are better prepared to handle emergencies and achieve long-term financial goals. Financial education also helps consumers avoid excessive debt and make informed decisions regarding loans, mortgages, and investments.
rnrn
Many young adults struggle with financial management due to limited education about personal finance. Schools and educational institutions are increasingly recognizing the importance of teaching financial literacy to students. Topics such as credit scores, retirement planning, taxes, and responsible spending habits can help individuals build stronger financial futures.
rnrn
Technology has made financial management more accessible through mobile banking apps, investment platforms, and budgeting tools. Consumers can now monitor expenses, transfer money, and manage savings directly from smartphones. However, financial scams and online fraud continue increasing, making financial awareness even more essential.
rnrn
Experts emphasize that financial literacy contributes to economic stability and personal independence. Individuals who develop strong financial habits are more likely to achieve financial security and avoid long-term economic hardship.
rn
