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LIST: Companies That Were Used By Chihuri & His Relatives To Divert Public Funds To Buy Properties

3 years agoThu, 21 May 2020 08:31:40 GMT
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LIST: Companies That Were Used By Chihuri & His Relatives To Divert Public Funds To Buy Properties

Here is a list of the companies Chihuri and his relatives opened and used to divert public funds for their own personal use:

  1. Mastermedia (Pvt) Ltd –  owned by Isobel Khan Chihuri and it received US$1 073 038.08 from the ZRP Revolving Fund from January 5, 2016, to  February 9, 2017.
  2. Rash Marketing, –  owned by a CBZ employee Shingirai Maponga and his spouse Sharon Maponga nee Tiyani, received US$764 370 from November 14, 2016, to December 12, 2016.
  3. Mastaw Investments – Isobel Chihuri is the managing director, received US$3 823 285 from ZRP General Headquarters after giving an allegedly fake business address.
  4. Rewstand Enterprises – received US$10 401 500 from ZRP despite using an allegedly fake address.
  5. Nodpack Investments (Pvt) Ltd of Bure Close in Strathaven, Harare – directorship includes Clever Nziramasanga and had Isobel Halim Chihuri as general manager, allegedly received US$5 766 252.31 from the police.
  6. Croxile Investments (Pvt) Ltd of 8 St Aubins Walk Chisipite  – received US$1 892 040 from the police, with Vanessa Madalisto Banda listed as director and Isobel Chihuri as general manager
  7.  Adamah Enterprises Pvt Ltd of 29 Carsberg Avenue in Alexandra Park in Harare – received US$10 575 732 Isobel Chihuri is also general manager of this company with Nelia Mafunga listed as a director

Apart from that, Chihuri reportedly owns these properties:

  1. Seven residential stands at Police Heights on Gletwin Farm in north-east Harare
  2. 571 Zengeza Township
  3. 9 hectares at Fishponds in Lomagundi district (Deed of Transfer 3177/90)
  4. Stand 231 in Athlone in Greendale (Deed 1214/85) measuring 4 639 square metres
  5. 431 Quinnington in Borrowdale (5284/14) measuring 5 500 square metres.
  6. Four vehicles that are listed under assets that need an explanation
  7. Two combine harvesters,
  8. Six tractors
  9. Two planters,
  10. Three motorbikes and a boom spray

More: The Herald 



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