A HARARE engineer is up in arms with his business partner, who has approached the court seeking the winding-up of their joint business ventures, Matabeleland and Yagden engineering firms, after the pair allegedly failed to amicably work together.
BY CHARLES LAITON
Tony Renato Sarpo approached the High Court under case number HC9207/16, seeking liquidation of the two firms based in Msasa, Harare, claiming he invested $681 773 as a shareholder.
However, his business partner, Wayne Williams, opposed the application, accusing Sarpo of creating artificial insolvency after allegedly externalising over $700 000 to South Africa between 2013 and 2015.
In his application, Sarpo said, in June this year, he communicated to Williams his intention…
Read the full article at: https://www.newsday.co.zw/2016/12/09/engineering-firms-directors-fight-liquidation/
