alex rumishael mlay others vs tariq said machibya another 2023 tzhc 19056 14 july 2023
The High Court held that the investment agreements were illegal and unenforceable because they amounted to a pyramid scheme and unlicensed deposit-taking.
- Illegality-of-contract
- Pyramid-schemes
- Accepting-deposits-without-licence
- Enforceability-of-contracts
- Forfeiture-of-proceeds-of-crime
- Illegal-contracts