Mugabe Admits To Externalising Millions To Buy Mansions

In an interview with South Africa’s Sunday Times, former First Lady Grace Mugabe exposed the hypocrisy of  her husband Robert Mugabe who in 2004 arrested former finance minister, Christopher Kuruneri, accusing him of externalising money to buy a mansion in Cape Town. Kuruneri, was arrested in April 2004 on seven counts of breaching the country’s exchange control laws. He was accused of transferring U$500 000, £37 000, €30 000 and R1.2m to South Africa to buy and renovate an eight-bedroom mansion.

The value of the South African property could not be ascertained although  Grace has in the past been reported to own a R44 million property in Johannesburg. The Mugabes declared to authorities that they had bought two properties in South Africa and Hong Kong. Said Grace:

In South Africa I bought a dilapidated house, I wanted to bring it down, demolish some parts and to renovate the house.

Grace also admitted to renting a house in Dubai for Robert Mugabe Junior when he was studying there and reportedly paid $500 000 per annum in rentals. The Hong Kong property was bought for HK$40 million in 2009 just before Bona Chikore was about to begin studies at the University of Hong Kong. The declaration of the assets by the Mugabe family follows President Emmerson Mnangagwa’s three month moratorium on those that had externalised funds to return them.

More: Chronicle


Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, click here to enter your query.

Christopher KuruneriBona ChikoreGrace Mugabe

Christopher Tichaona Kuruneri is a Zimbabwean entrepreneur, lawyer and politician. He is a former minister of finance and economic development and the current member of parliament for Mount Darwin East. Kuruneri is a member of Zanu-PF. Read More About Christopher Kuruneri

Nyepudzai Bona Mugabe is the only daughter of Zimbabwean politician, former president, Robert Mugabe and former First Lady Grace Mugabe. She sits on the Board of Censors. Bona is married to Simbarashe Chikore and together they have a son Simbanashe. It was reported that Bona... Read More About Bona Chikore

Grace Ntombizodwa Mugabe (nee Marufu) is a Zimbabwean politician, business person and was the wife of late Zimbabwean President Robert Mugabe. She is also a former member of the Zimbabwe African National Union-Patriotic Front (Zanu-PF) political party. She was the Secretary of the Zanu-PF Women's... Read More About Grace Mugabe

Comments

Back to top

5 comments on “Mugabe Admits To Externalising Millions To Buy Mansions

  1. good grace you know how to rub in salt nothing will happen to you kikiki birds of same furthers Bona don’t stand behind mummy she is proud of what she had achieved she wants to show off her family missing husband

Write a Comment

Your email address will not be published.