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Zanu-PF thug Temba Mliswa buys into Premier Finance Group

 

 

By SINIKIWE MPALA

Published: Thursday 07 July 2009

Zim Daily News

 

ZIMBABWE - HARARE — Reserve Bank Governor personal security aide and top Zanu-PF crook Temba Mliswa has bought an eight percent shareholding in Premier Finance Group, a finance house closely linked with looting Zimbabwe's resources.

 

Johnnie Carson

Temba Mliswa

 

 


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Mliswa, who was deported from the UK in May 2002 for swindling money from desperate Zimbabwean immigrants is on a rampage to buy into Zimbabwean companies using money stolen from the Reserve Bank.

 

 

The acquisition, concluded late last month, comes after the recent purchase of a 28,5 percent stake in the seven-year-old banking group by a consortium comprising investment banker George Manyere, marketing guru Douglas Mamvura and chartered accountant Walter Kabwanji who own 9,5 percent a piece.


According to documents seen by ZimDaily, Temba Mliswa sealed the deal through an investment company Casital Investments, effectively buying out former shareholders Dorvest Investments and Domyi Investments — owned by former Premier Banking Corporation managing director Mr Raymond Chigogwana and Mr Donald Bimha, respectively.

 

Temba Mliswa through his Saltlakes Security also provides personal security to high ranking Zanu-PF officials including Reserve Bank Governor Gideon Gono - the second most protected man in Zimbabwe after Mugabe.

 

Mliswa, a fitness-trainer cum farm grabber and now a wannabe investment banker has quoted controversy wherever he goes.

 

In April this year, Mliswa defied an order by the Zimbabwe Deputy Prime Minister Arthur Mutambara to stop the illegal farm invasions.

 

Mliswa said the order by Mutambara was “ill advised and will go ahead with occupying the commercial farms as they had offer letters from the government”.


When contacted for comment yesterday Mliswa, who also owns Saltlakes Holdings Limited, confirmed the deal describing it as a strategic move to diversify the group’s portfolio of investments, which range from tobacco interests, agricultural implements and other trading entities.


“As a company, we have always stated our intention to grow beyond our current interests, which are mainly agricultural investments and other sectors that we are already in.


“So when this opportunity arose, we had to grab it. Primarily, we saw it as an opportunity for growth,” Mliswa said. Saltlakes looked forward to a fruitful working relationship and co-existence with the other new shareholders, he added.

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Critics say the move by Zanu-PF proxies in the form of Mliswa clearly shows MDC and Morgan Tsvangirai are just spectators in the so called inclusive government while those closely linked to Zanu-PF continue looting the country's resources.

 

Denford Chete, a political analyst based in Harare told ZimDaily it is only a matter of time before everyone starts blaming MDC for all the problems in Zimbabwe.

 

"They are in there and nothing has changed, in fact some of them have joined in the looting fighting for luxury ministerial cars at the expense of helping the people.

It remains to be seen if the tainted MDC, which still holds the hopes of millions in Zimbabwe will fight off any potential challenge from a new party.


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