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	<title>The Zimbabwe Daily News &#187; Insolvency Act</title>
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		<title>Eddie Cross&#8217; sentencing Postponed</title>
		<link>http://thezimbabwedailynews.com/2003/10/eddie-cross-sentencing-postponed/</link>
		<comments>http://thezimbabwedailynews.com/2003/10/eddie-cross-sentencing-postponed/#comments</comments>
		<pubDate>Sun, 05 Oct 2003 08:18:58 +0000</pubDate>
		<dc:creator>Staff Reporter</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Eddie Cross]]></category>
		<category><![CDATA[Insolvency Act]]></category>
		<category><![CDATA[Movement for Democratic Change]]></category>

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		<description><![CDATA[SENTENCE on Eddie Cross, convicted under the Insolvency Act for
failing to attend meetings with his creditors, was yesterday postponed yet
again to 4 June.
      Harare magistrate Garikayi Churu postponed the case for a possible
record eleventh time because the magistrate who presided over the matter,
Stanley Ncube, was not present.
    [...]]]></description>
			<content:encoded><![CDATA[<p>SENTENCE on Eddie Cross, convicted under the Insolvency Act for<br />
failing to attend meetings with his creditors, was yesterday postponed yet<br />
again to 4 June.</p>
<p>      Harare magistrate Garikayi Churu postponed the case for a possible<br />
record eleventh time because the magistrate who presided over the matter,<br />
Stanley Ncube, was not present.</p>
<p>      Cross, the Movement for Democratic Change economic advisor, was<br />
convicted in January last year.</p>
<p>      He was supposed to have been sentenced on 18 January last year but,<br />
ever since that time, the matter has been postponed for different reasons.<br />
      Cross was declared insolvent in June 1997 after failing to repay $5,7<br />
million he owed mostly to banks.</p>
<p>      He initially faced a second count of failing to submit financial<br />
statements for August to December 2000 to his estate&#8217;s trustees but this was<br />
dropped because there was no evidence to convict him.</p>
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