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Shah sues Somerset

Rollers Investor; Jagdish Shah

The tug of war continues at Township Rollers. Fresh information WeekendSport has uncovered indicates that sworn enemies, Jagdish Shah and Somerset Gobuiwang are now battling it out in a court of law.

The Indian born tycoon, is suing his former partner for damages and is demanding a heart stopping P 10 881,773.
Sources close to Jagdish reveal that on the 23rd of November, Gobuiwang was slapped with a letter of demand by Shah‘s attorneys Salbany and Torto.

The letter, seen by this publication states that Shah had sourced loans amounting to about 11 million pula to finance Rollers FC. Shah now, according to the letter, wants Somerset to be held accountable for all the money incurred by the company they both have an equal 40 percent of shares each in.

“The client, on the strength of the company he had become a share holder in owned Rollers FC and that he had full control of the management and finances of Rollers FC sourced loans totalling P10, 881,773.00 to capitalise the company and inturn Rollers FC, which loans Client (Shah) is personally liable for in the event of failure by the company to settle the same,” reads part of the letter.

Gobuiwang flatly refused to comment and could not be drawn into discussing the contents of the letter despite many attempts by this reporter.

It has also surfaced that Shah is complaining that the loans he had sourced are now liable to him because of the outcome of the court ruling.  Sources confirm the contents of the letter that Somerset made false representations that the company (Township Holdings) owns Rollers FC and that he would have control over the management and finances of the company. According to Shah‘s point of view, this has acted to his detriment as he is now finds himself in a position where he is unable to control the direction and growth of Rollers FC.  The letter continued to state that “the company, without the all important asset being Rollers FC is effectively a shell that is in no position to pay back loans sourced by Shah (Client) while he managed and controlled the said Rollers FC.”

Gobuiwang was given five working days to effect payment of the damages suffered by Shah.

Can Somerset be sued alone?

When further pursuing the matter, WeekendSport sources indicate that it is impossible for Shah to sue Gobuiwang alone. It surfaces once again that Shah should revisit letters furnished to him by Gobuiwang when they both first met.

Legal minds preferring anonymity say Shah is indirectly suing Township Rollers society because of its decisions to hand the club to Township Holdings. It is noted that Shah should tread carefully as he too, has become party to the company that was consequently barred from running the Gaborone west based giants.

WeekendSport has also intercepted a communiqué that saw the society handing the club to Gobuiwang’s company. The letter that was directed to the then Chief Executive Officer (CEO) of Botswana Football Association Judge Mookodi says the resolution to transfer the team‘s status follows Annual General  meetings held in three consecutive years of 2006,2007 and 2008.

The communiqué in part reads, “This serves to notice the association that the society (Township Rollers Football Club) in its general meetings for the years 2006, 2007 and 2008 resolved to transfer its status to Township Holdings. Botswana Football Association is therefore advised that all activities relating to Township Rollers Football Club shall be under the management and total control of the company whose Managing Director is Somerset Gobuiwang.” The letter bears the signature of Khumoyame Masonya who is the club General Secretary and the then chairman of society Spencer Mmui.

The resolution is that on 25th August of 2007 at Ledumang Senior School, the Executive Committee of the team directed to implement the decision adopted in 2006 that the club should be changed from a society into a Private Company. WeekendSport further learnt that the Society‘s Annual General Meeting held on the 17 August 2008 reiterated the authority given to Somerset Gobuiwang  to form a private company that will run the affairs of the club.

Shah could not be reached for comment. Those close to him say he has gone for business trips outside Botswana.

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