The Lusaka High Court has ordered former Zambia’s High Commissioner to Nigeria Alex Luhila and his wife Freda to remit over K1 billion debt to Stanbic Bank within 90 days.
Judge Flavia Chishimba has given Stanbic Bank the liberty to fore-close and sale the respondent’s mortgaged properties if they fail to settle the debt.
The properties include Stand number 6575, Kasangula Road – Olympia , Stand number 7426 Kaunda Square Stage one and Scania K 94-HB60 Seater Semi Luxury Coach.
Mr Luhila and his wife Freda who is also former Food Reserve Agency -FRA Executive Director, obtained K967 million from Stanbic Bank in March 2008.
However they defaulted in off-setting the debt and owed Stanbic Bank over one billion kwacha as of July 2011.
They were jointly sued with Mandona Luhila, Maria Kashonda and Matanki Freight Limited.
Judge Chishimba has granted the Luhila’s leave to appeal.
[ZNBC]
Isn`t Fredah Luhila (former Director of PAM – Programme Against Malnutrition) and now works for Stanbic itself?
This is why even people like Bob Sichinga owed hefty amounts of monet in Billions to DBZ but are now in GRZ. Will we ever recover this money?
Mm bane!!
Let them pay back!! Cheap business couple. I’ve sweated to make my billions without the priviledge of a bank loan because chaps like you have been more attractive to these banks. Serves both of you well, embezzler!
But pipo are enjoying sure having 1 billion kwacha , but me iam struggling to even find ka K5M awe very unfair
The only culprit in this case is the wife… Mr Alex and Mandona luhila are clean people! Silly how women can draw you into shiiiiiiiiiiiiiiiiiiiiiiit!!!
This woman is prostitute woman friend to KALALA eeheeeee!she almost broke my sisters marriage and yet she is married it seems the hubby is impotent the is a big problem in this family ba husband pay back kaaale fyatampa you are used to ha,you always use her influence either for you to be appointed or get money because you fail to do her in bed.woman am sure you now HIV/AIDS positive,very rubbish,cheap,village no morals, in disciplined family.These are thief’s please President SATA let them pay or the property for closed we hav suffered.just pay bane as you have always used her for prostitution let her do for this one tooooooo!.
how do u kno all this?
imweee people are playing in our country sure so they wanted to run away with all this money if MMD had won DONCHI KUBEBA ASHHHHH.Ba IG Mr Martin Malama issue warrant of arrest these are criminals please.Some are suffering others are busy stealing.The woman is a problem thats the fact she is reckless too much for the husband she is prostitute etc.You see you woman you cheated me that we do business together all of a sudden left me foolish you FREDA God has hit you for your lies. Â
OUR UNCLE LUHILA IS AÂ DESCENT AND VERY NICE MAN BUT THE WOMAN YOU MARRIED IS A WRONG ONE HENCE ALL YOUR PROBLEMS.YOU BELT ALL YOUR HOUSES ALONE WITHOUT HER INVOLVED SHE WAS BUSY PLAYING EVEN THE KABULONGA HOUSE IS ALL YOURS IF YOU CONTINUE WITH HER YOU WILL LOOSE IT PLEASE DO SOMETHING US TO SUPPORT YOU.OTHERWISE WE CANT SUPPORT YOU WITH THIS WOMAN.Â
BA LT HOW DO YOU ALLOW PEOPLE LIKE #6 WRITING SUCH THINGS ON OTHER PEOLPE? I DON’T PERSONALLY KNOW THESE LUHILAS, BUT SURELY THIS # 6 CHAP HAS NO RIGHT TO INSULT THEM, ANYWAY I LOOK FORWARD TO SEEING SOME OF THESE BLOGS SUED! YOU ARE ABLE TO DELETE CERTAIN SUBMISSIONS, THIS ONE SHOULD HAVE BEEN DELETED! TAKE HEED LT!!!
No 6 Kombelu give us more data.
The Luhila’s are innocent until proven guilty. Some of you are just talking down Mrs Luhila because of jealousy. If you want to get to their level then just work hard.
We know, you will pull through this setback and I will remember you in my prayers so that you can get fair justice.
This is just a political witch hunt trying to dent the good image of the Luhilas in society but it will not work. Some people just do not want to see people making progress like the Luhila’s have done. Some political opponents are trying to use this bank loan to fight the Luhila’s but it will not work. This matter will be resolved. The Luhila’s can afford to pay back K1 Billion, that is nothing to them!
#6 You are giving us too much information and much of it is coming from and involves your sister. Learn how to be discreet. You letting anger get the better part of your reasoning.
Yes, these are loans approved by the bank. Its rather suspicious that the bank starts to call in its debt immediately these guys are out of government. This happens all the time there’s a change of government. These people have invested in the country. Surely Stanbic can work with them to modify the terms of the loan? Jus saying……. We can do better than this.
Stabic Bank , i have no kind words for this bank. SHUT IT DOWN let them go back to SA. they have come here to reap Zambians off.
#14 STAANBIC are just right. Laons have to be paid back. this couple needs to be delivered, both hubby and wife are the same, unfaithful, liars.I pray God will deliver them. Repent or you see God’s wrath..This God is not dead God buta living God.Where are your witch doctors thats you really trust in? Mandana is clean. Look what shame you brought to your children.Shameful
\:d/ what goes around comes around. Have seen what you do to others and lies you tell on others. You reap what you sow. I pray that our mighty God will have mercy on Alex. May God give grace to your children
oh, oh,oh my God is good, every thing is double, double.