Zimmorningpost Reports Ginimbi Was Deep In Debt Family & Friends Will Be Left Holding Mashanga

By Staff Reporter
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79270
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March 07, 2021

Some of Genius ‘Ginimbi’ Kadungure’s most priced assets – currently being eyed by family members and friends – might have to be sold to pay off huge debts and those battling over his inheritance could be left clutching at straws, a close family member has said.

The estate of the flamboyant businessman who lived a high life of fast cars, fine wine and wild parties, is currently the subject of conflict amid reports that much of Kadungure’s properties remain accounted for as Kadungure did not live a structured life.

Revelations that he could have been knee deep in debt further dampen the aspirations of family and friends who are at each other’s throats over the businessman’s inheritance.

Of Ginimbi’s accounted properties is a high-end Lamborghini vehicle which was bequeathed to Nomatter Zinyengere (Kit Kat) in the late businessman’s will that was accepted by the Master of High Court last year.

However, his family is contesting the will, arguing that Kit Kat has to prove his identity by producing an identity card bearing the name ‘Kit Kat’, as it is stated in Ginimbi’s will.

The matter will be decided at the Masters Court. The Master yet to complete the registration of the late’s estate.

Ginimbi’s former wife Zondwa Mkandla told Zim Morning Post that until the process is complete, no-one could claim the ownership of any properties that belonged to Ginimbi.

The Masters Court will decide who owns what after it completes the process of taking to count what Ginimbi owned. Ginimbi also had a lot of debts so they have to be recovered before anything is distributed,” said Zodwa.

There have been reports that Zodwa was influencing the family to dispute Kit Kat’s claim of the car on technicalities as it is being alleged that they now want the latter to reveal an identity card which identifies him as Kit Kat who was mentioned in the will to take the luxurious car.

But Zodwa denied these reports and said she did not have the power to tell the Kadungure’s what do.

“I do not have the power to tell the Kadungure’s what to do. They are grown ups who can decide how to handle these matters for themselves. I do not have any part to do or play in their matter,” she said.

Amid the tug-of-war , Kit Kat has instructed his lawyers to write to the estate’s executor Patricia Darangwa requesting the release of the vehicle in line with the first interim distribution account.

In a letter dated January 14, Kit Kat’s legal counsel Shomwe Nyakuedzwa Attorneys, wrote to Darangwa requesting for the release of the car. .

“Our client is keen to have his inheritance released from the residue of the estate and is requesting that same be done through the first interim distribution account, a copy of which we are also requesting to inspect.

“Furthermore, our client is willing to pay the estate liabilities and related costs for his inheritance and to that end may you kindly issue us an invoice for settlement,” read part of the letter.

In a bid to hold on to the car and other assets left by Ginimbi, the family has engaged the services of Ushewokunze Law Chambers with view of contesting the will.

The lawyers have written to the executor Darangwa accusing her of ‘arm twisting’ the Kadungure family to accept an unsigned will.

“We are instructed that before, and in the morning of November 25 2020, you (Ms Darangwa) unduly influenced the family to accept the ‘will’ and threatened that if the family chose to reject the will and your executorship, they would have tarnished your reputation as a lawyer and you were prepared to sue them and subject the estate to unwanted delays even all the way up to the Supreme Court,” read part of Kadungure family lawyers’ letter.

“Our further instructions are that you in the same vein, attempted to placate the family by dangling an offer or arrangement that the family should unanimously recommend your executorship in terms of the will and in the aftermath of such appointment you were going to sign a special power of attorney entitling Juliet Kadungure to administer the entire estate of the deceased.

“We are further instructed that the family accepted the will and recommended your appointment in terms of the will as executrix testamentary only because you unduly influenced them to do so,” added Kadungure family lawyers’ letter.

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Class Action Settlement: How Claims, Payments, and Deadlines Work

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Class Action Settlement: How Claims, Payments, and Deadlines Work

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A class action settlement can be confusing. You may receive a notice saying you are eligible for money, credit, identity monitoring, repairs, or another benefit.

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But what does it actually mean?

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Do you have to file a claim?

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When will payment arrive?

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What happens if you do nothing?

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Understanding the settlement process helps you avoid missing deadlines or giving up rights without realizing it.

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What Is a Class Action Settlement?

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A class action settlement is an agreement to resolve a lawsuit brought on behalf of a group.

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The company may agree to provide compensation or other relief, while often denying wrongdoing.

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The settlement usually needs court approval. The court reviews whether the settlement is fair, reasonable, and adequate for the class.

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What Is a Settlement Notice?

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A settlement notice explains your rights.

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It may arrive by:

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Email
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Who is included
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Read it carefully.

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A claim form is the document you submit to request settlement benefits.

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Name
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Only submit accurate information.

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Not always.

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Some settlements require documentation. Others allow claims without proof, but payments may be smaller.

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Examples of proof include:

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Receipts
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If you have proof, submit it when allowed.

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Payments may depend on:

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Settlement fund size
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Sometimes advertised payment amounts are only estimates. If many people file claims, individual payments may be lower.

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Why Payments Take Time

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Class action payments may take months or longer.

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Reasons include:

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Court approval process
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The FTC explains that when possible it uses money collected from defendants to provide refunds, and remaining funds may sometimes support a second round of payments.

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Opting out means you exclude yourself from the settlement.

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You usually receive no settlement benefit
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Final Thoughts

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A class action settlement can provide money or other benefits, but deadlines matter.

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