Farai Dziva|Former Vice President Joice Mujuru is in financial doldrums according to state media reports.

Mujuru has been forced to settle her debt amounting to US$452 000 with Peppy Motors that supplied tractors to her company, Ruzirun Investments, five years ago, according to a state run paper.

Mujuru was dragged to the High Court as Peppy Motors, represented by its lawyer Tapson Dzvetero, sought to recover the money it paid to Mujuru’s bank, Stewart Bank.

She had entered into a loan facility agreement in terms of which Steward Bank advanced a capital sum of US$350 000 for the purchase of various tractors from Peppy Motors.

According to The daily publication , the maturity date was July 31, 2013.
Sarbrina and Tony Sarpo of Peppy Motors bound themselves as surety to the loan advanced to Mujuru by her bank.

However Mujuru failed to meet her part of the deal.