THE High Court has ordered local legal firm to pay US$58 000 to a South African company, following a botched elephant hunting deal.
The court heard that it was the term of their agreement that Paarklip Trading would deposit US$58 000 into the trust account of Mutudo and Mhiribidi’s law firm.
However, when the hunting deal failed to sail through, the South African firm demanded a refund of the paid amount which the legal practitioners said they would pay using the local currency, culminating in the current lawsuit.
Justice Moyo further said the debt was foreign as the firm was also not a local firm, more so that the funds were invested from South Africa.
“It is a foreign debt as the applicants (Paarklip Trading and Burger) are clearly South African and obviously the funds were invested from there…,”the judge said ruling against the local law firm.
