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Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 9:35 am
by The-Screw
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- Reports suggest that the Zimbabwean leader, Robert Mugabe, has bought a luxury apartment in Hong Kong's Tai Po district Photo: REUTERS

Mr Mugabe, 84, and his wife Grace, 44, whose country is mired with poverty, hunger and hyper-inflation, also have a network of financial interests throughout the Far East, according to a Sunday newspaper.

They have bought a luxury apartment in Hong Kong's Tai Po district through a middleman, the paper claimed.

It said that they did so through a holding company called Cross Global, which purchased House Number Three in a new property development called JC Castle.

The development is a walled and gated complex complete with gardens, a clubhouse and a swimming pool. Situated in the northern reaches of Hong Kong, the development is targeted at affluent Hong Kong residents who are seeking to escape the smog of downtown.

The complex was built by Albert Yeung, one of the island's most colourful tycoons, who has been repeatedly accused of having links to both organised crime and the Chinese Communist Party but has never been convicted and denies any wrongdoing.

Both of Mrs Mugabe's children have been educated in Asia. Her son Russell, by her first husband, studied in Bangkok while Bona, her daughter with Mr Mugabe, is currently at Hong Kong university, despite a public outcry.

The Mugabes visited Hong Kong last year, taking up two floors of the Shangri-La hotel in Kowloon and running up a bill of tens of thousands of pounds, all of which was paid in cash. According to reports in the Zimbabwean media, $92,000 (£64,000) was withdrawn from the Reserve Bank of Zimbabwe, the country's central bank, before the trip.

Grace Mugabe is also mulling over a multi-million pound diamond venture on the Chinese mainland, sending diamonds to be cut in Qingdao. In addition to the latest apartments, the Mugabes are thought to have several more properties throughout South East Asia and close links not only with the Chinese government, but also with the former Malaysian prime minister, Mahathir bin Mohamad.






Rest of Zimbabwe:

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Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:17 am
by Diyeeshaha_Tolka
cheap propaganda,,nin asagaba wanted ah oo aan bixi karin muxuu ku sameynayaa aqalkaasi ku yaalo hongkong

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:19 am
by The-Screw

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:21 am
by Diyeeshaha_Tolka
sxb he was even afraid to go on holiday this year,,wa ninka wuu cabsaday waqtigiisuna wuu soo dhamaaday

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:22 am
by QansaGabeyle
They focus on Mugabe too much yet ignore more pressing issues all over the world. The double standards are focking amazing.

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:25 am
by The-Screw
QansaGabeyle wrote:They focus on Mugabe too much yet ignore more pressing issues all over the world. The double standards are focking amazing.



Mugabe is an issue. the current crisis in Zimbabwe where people are dying needlessly is an issue. you should think before you say something.

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:32 am
by QansaGabeyle
The-Screw wrote:
QansaGabeyle wrote:They focus on Mugabe too much yet ignore more pressing issues all over the world. The double standards are focking amazing.
Mugabe is an issue. the current crisis in Zimbabwe where people are dying needlessly is an issue. you should think before you say something.
Mugabe is 84, he is done. One way or another, the dude won't be around by the end of this year or the next one. It will then be up to the people of zimbabwe to form a government that they can all benefit from. And these guys choose to ignore those other hands that are contributing to the needless death of those you are talking about.
The Zimbabwe Democracy and Economic Recovery Act of 2001 states that U.S. sanctions will remain in place against the Zimbabwean "government" [euphemism for "the people"] until the U.S. president certifies that the "rule of law has been restored in Zimbabwe, including respect for ownership and title to property.
In 2002, the fifteen member states of the European Union decided to impose sanctions on Zimbabwe. Sanctions are war without guns and bloodshed, and have limited, if any, effectiveness for changing behavior or governments of target countries.

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:35 am
by Aerosmith
Hey now that he knows he's going down, might as well be sweet and swingin' :lol:

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 10:41 am
by Madd_Scientist_
isn't the money in the central bank the people's money? how can he withdraw money for his own personal use and no-one tried to stop him...then again i'm guessing he would've killed them if they tried. :|

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 11:06 am
by zulaika
its probably not all that....4mill won't go far in Hong Kong...i hear real estate is no joke there like NYC and Tokyo...you can get more bang for your buck at other cities..

Re: Robert Mugabe 'buys £4m apartment in Hong Kong

Posted: Tue Feb 17, 2009 11:25 am
by AbdiWahab252
Aerosmith,

Uncle Bob & the EU/US have ruined a great country