Shepherd Bushiri’s church is going, going...
more woes Fugitive pastor Shepherd Bushiri faces yet another liquidation application as he fails to pay his debts PHOTO: facebookAs the financial woes pile up for fugitive pastor Shepherd Bushiri, a Pretoria-based company has joined the long queue of entities seeking to liquidate the Shepherd Bushiri Ministries to recoup more than R1 million he owes.
In court documents filed on 21 May this year, PPS cited that Bushiri had signed a settlement deed binding him to pay R1 095 801 and an additional R995 707 for contractual damages in 2022.The defendant shall be liable to repay the settlement indebtedness without deduction or set off and free of commission and bank costs as follows: consecutive monthly payments of no less than R70 000 on or before the first day of each consecutive month, commencing on 1 March 2022.
PPS also highlighted that Bushiri had been aware of the defaults because this was communicated to him and the process needed to remedy the situation. The papers add that PPS had exhausted all reasonable attempts to engage with Bushiri in a fair process for him to settle its debt. The company also lamented that it sought to wind up Bushiri’s assets as a primary measure to recoup its losses.It is observed that this is an application for forced winding up of the respondent. The trust, accordingly, does not have the benefit of true transparency and cooperation on the respondent’s part.
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