Mugabe approaches court over Hong Kong luxury pad

mugabehongkong

Mugabe’s flat in Hong Kong. Picture courtesy of newsbite.it

By Mthulisi Mathuthu
SW Radio Africa
30 January 2013

President Robert Mugabe has approached a Hong Kong court over a luxury home which was reportedly bought by a middleman for use by his daughter, Bona, while attending university in that country.

When the deal was revealed in 2009 Mugabe denied owning the property claiming that he was only renting it for ‘our daughter and her friends.’ At the time Mugabe insisted that he did not own any other property outside Zimbabwe.

But according to a Wednesday report in the South China Morning Post, the government of Zimbabwe, led by Mugabe, is suing businessman Hsieh Ping-sung and a company, Cross Global.

In 2009 it was reported that Mugabe forked out HK$40 million for the three storey pad. Reports then suggested that Ping bought the property on behalf of Mugabe through Cross Global, in which he was the sole shareholder.

The company is reported to have then sold the property to Hsieh in 2010. According to the report, court papers show that Ping then transferred all his shares in Cross Global to a South African named as Johan Carel Nel.

The report said the Zimbabwean government is claiming that Cross Global is holding the property for it in its trust. It is also asking the court to order Cross Global and Ping to transfer the property to it. Mugabe is also asking the court to nullify the transfer of the property between Cross Global and Ping.

Reports this week said Ping and Grace Mugabe fell out over a botched deal to buy trucks in which Grace is claiming that Ping had stolen $1 million from her. Grace’s aide is reported to have told the Sunday Times of South Africa that the money was sent to Ping in South African to buy trucks, which were never delivered.
Grace, who was also said to be involved in a mining joint venture with Ping, has previously tried to have the businessman arrested and extradited to Zimbabwe.



4 Responsesto “Mugabe approaches court over Hong Kong luxury pad”

  1. Jose Campos Torres says:

    “If anybody finds any money or property outside Zimabwe that belongs to me they can have it”. Well this Hong Kong agent took that message from Matibili literally.

  2. Jajam says:

    Hasssshooles

  3. Hadenuf says:

    Living proof that there is no honour amongst thieves so Bob just build a bridge and get over. Now if you want a real cry let me tell you about my old age pension in Zimbabwe and which I will never ever see not even one cent.

  4. Ganda says:

    To Miss Bona, the virgin. So, this is what we the suffering Zimbabweans had to put up with nhai? Your father stole from our taxes to prop you. Those much publicized degrees are a product of theft and kleptocracy! Bona, my own child was chased away from school for failing to pay USD15 fees. You were ensconced in a 3 storey mansion deep in Hong Kong, paid for by my tax deducted from my meager wage. I am mourning right now….

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