Prophet Walter Magaya faces the auction of his hotel and stadium complex after two creditors obtained High Court writs on Sept. 24, 2025. Chinese national Li Xiu Yun secured an order against Prophetic Healing and Deliverance Ministries for Stand 168 in Waterfalls. GetBucks Microfinance Bank Limited pursues Stand 166 to recover $420,140 from Planet Africa Private Limited, Walter Magaya, Tendai Magaya, and Deliverance Ministries.
Both properties feature nearly identical facilities with a hotel, stadium, and lodges. GetBucks alleged that Magaya obstructed recovery efforts through corporate rescue proceedings. The bank accused the defendants of abusing procedures to prevent judgment enforcement. Court-appointed officials will auction the adjoining Smuts Road properties, which measure 3.8428 hectares and 3.2323 hectares respectively.
Both properties feature nearly identical facilities with a hotel, stadium, and lodges. GetBucks alleged that Magaya obstructed recovery efforts through corporate rescue proceedings. The bank accused the defendants of abusing procedures to prevent judgment enforcement. Court-appointed officials will auction the adjoining Smuts Road properties, which measure 3.8428 hectares and 3.2323 hectares respectively.
