Bona’s $7 million mansion deal goes sour - Zimbabwe Situation

Bona’s $7 million mansion deal goes sour

via Bona’s $7 million mansion deal goes sour | The Zimbabwean 05.02.14

The dispute over ownership of the house in Hong Kong that President Robert Mugabe’s daughter Bona used while at university has spilled over into the courts. According to court papers, the government of Zimbabwe claims that it is the owner of the $7 million mansion.

The Hong Kong companies’ registry records that the three-story house was bought by Chinese businessman Hsieh Ping-Sung thought his company Cross Global in 2008. In 2010 the company sold it to Hsieh. He has refused to hand over the title deeds to the property.

The Mugabe family has had other business dealings with Hseih that went sour. They accuse the businessman of stealing $1 million from a trucking deal. Observers say the latest dispute shows the extent to which the Mugabe’s and their Zanu (PF) colleagues have gone to hide the acquisition of valuable assets abroad. They also question why, if the house belonged to the government and not the Mugabe family, it was occupied by Bona Mugabe. It is not clear who is footing the legal bill in the battle to get the deeds back from Hsieh.

COMMENTS

WORDPRESS: 18
  • comment-avatar
    jj 4 years

    taneta nazvo izvi.

  • comment-avatar
    Mapingu 4 years

    Here goes “our very principled President” – State property occupied by dear president’s daughter in China. Now Zimbos now for the legal battles between Gushungo family and their look-east friends.

    It never rains it pours for Zimbos. Cry the beloved country!

  • comment-avatar
    farai 4 years

    The Mazoe saga and this erode the moral uprightness for which the man was once admired. Where is the spin doctor? Hiding from his own mess!Who will save the situation?

  • comment-avatar
    John Thomas 4 years

    We cannot, at this time, tell the difference between what is owned by the leader and what is owned by the citizens. The leader owns everything. What he wants he takes. Zimbabwe is a living example of “might is right” and don’t let any of us forget it!

  • comment-avatar
    die groot wyt aap 4 years

    Who says that there is never any good news coming out of Zimbabwe. I don’t think Bob is going to get much sympathy from white farmers.

    sweet dreams comrades, sweet dreams

    • comment-avatar
      Doris 4 years

      Maybe those farmers can appropriate this Zhing Zhong house instead of the Cape Town properties!!!

  • comment-avatar
    Senzachena 4 years

    Birds of a feather flock together. MUGABE must learn that there is no honour amongst thieves. So pleased that for once he has had something stolen from his family, he sure has stolen enough in the past. Trash

  • comment-avatar
    Chirutanga 4 years

    My country,My people My party, My land,My army, My Police,etc has been and is President Mugabes Language.So whose house is in Hong kong?

  • comment-avatar
    Chaka 4 years

    What position does Bona hold in gvt that she can be allowed to occupy gvt property. Whoeves authorised that should be fired

    • comment-avatar
      papa 4 years

      Bona will be the next president of zim and state house will be in Hong kong

  • comment-avatar
    gorongoza 4 years

    Mugabe is corrupt. We all know that. He is the driverof the corruption train in Zim.

  • comment-avatar
    gorongoza 4 years

    Mugabe, the commander in thief! Haunyari here harahwa yakadaro inosimbirira nekuba?

  • comment-avatar
    gutu 4 years

    Ukabira vanotambura unorangwa naIshe. Grace wont feel the pain because its not her money.

  • comment-avatar
    taona 4 years

    Zimbabwe is Bob’s private property. He has the title deeds in his pocket!!

  • comment-avatar
    gnasha 4 years

    Twas only a little students pad.

  • comment-avatar
    Mukaronda 4 years

    So how does the govt proceed against Cathief Dube, when Robert Matibili Mugabe is an even bigger thief. Chaucer says “what shall iron do when gold rusts”.

  • comment-avatar
    HappyExpat 3 years

    Why does Mugabe’s daughter need to study abroad? I thought he has things under control in his country. Then to stay in a 7m house as well.

  • comment-avatar
    sam.phiri 2 years

    when will this old man stop treating Zimbabwe like his personal grocery shop?(tuckshop)inga maba zvakwana chisiiraiwo vamwe