Maureen Mwanawasa fights bankruptcy petition in court

FORMER first lady Maureen Mwanawasa has asked the Lusaka High Court to set aside a bankruptcy petition issued against her as there is an active court action seeking to sell her properties to recover the same debt. This is a matter in which Finance Bank Zambia Limited issued a creditors bankruptcy petition against Maureen following her failure to pay over K7 million owed to the bank. According to the affidavit in support of application to set aside creditors bankruptcy petition, Maureen refuted assertions that she failed to pay the debt which was also the cause of action under cause number 2021 /HP/0249 where the bank made an application to enforce a charging order absolute dated February 3, this year, by…...