mr funny
17-02-09, 12:52
http://www.businesstimes.com.sg/sub/suite/story/0,4574,319418,00.html?
Published February 17, 2009
Mugabe buys £4m home in HK: report
Property said to be one of several he owns in Asia
(LONDON) Zimbabwean President Robert Mugabe has bought a £4 million (S$8.7 million) home in Hong Kong, Britain's Sunday Times reported.
http://www.businesstimes.com.sg/mnt/media/image/launched/2009-02-17/BT_IMAGES_MUGABE17.jpg
Exclusive: The three-storey villa in Hong Kong bought by the president of Zimbabwe is located in a walled and gated complex
Citing unnamed sources in Zimbabwe, the newspaper identified an intermediary who it said had helped arrange the purchase of the three-storey property, which is in a walled and gated complex in an exclusive area of Hong Kong.
It was bought last year as Mr Mugabe's 20-year- old daughter began studying at the University of Hong Kong, the newspaper said.
The report added that the property was one of several that the Mugabes own in Asia but the first to be documented.
Speculation intensified during last year's election turmoil that Mr Mugabe may be looking for a way out of office after he lost the first round of polling to Movement for Democratic Change (MDC) leader Morgan Tsvangirai.
But he formed a unity government with Mr Tsvangirai last week, resisting Western calls for him to step down.
Once prosperous Zimbabwe is facing total economic collapse including widespread poverty, high unemployment and crippling hyper-inflation.
Mr Mugabe's second wife Grace has made several shopping and holiday trips to Asia, including Hong Kong and Bangkok, in recent years.
The newspaper said she was also weighing up diamond ventures in China.
The Sunday Times said a reporter and photographer had visited the apartment last week, where they were attacked by the occupants.
The journalists have reported the incident to the Hong Kong police, who said they were investigating the allegations, the newspaper said.
Mr Mugabe, who turns 85 this week and is expected to hold lavish celebrations, is blamed in the West for much of his country's woes, pursuing policies that have exacerbated the crisis.
He is banned from travelling to the European Union.
In power since independence from Britain in 1980, Mr Mugabe says Western governments want to remove him from power and have destroyed Zimbabwe's economy by imposing sanctions. -- Reuters
Published February 17, 2009
Mugabe buys £4m home in HK: report
Property said to be one of several he owns in Asia
(LONDON) Zimbabwean President Robert Mugabe has bought a £4 million (S$8.7 million) home in Hong Kong, Britain's Sunday Times reported.
http://www.businesstimes.com.sg/mnt/media/image/launched/2009-02-17/BT_IMAGES_MUGABE17.jpg
Exclusive: The three-storey villa in Hong Kong bought by the president of Zimbabwe is located in a walled and gated complex
Citing unnamed sources in Zimbabwe, the newspaper identified an intermediary who it said had helped arrange the purchase of the three-storey property, which is in a walled and gated complex in an exclusive area of Hong Kong.
It was bought last year as Mr Mugabe's 20-year- old daughter began studying at the University of Hong Kong, the newspaper said.
The report added that the property was one of several that the Mugabes own in Asia but the first to be documented.
Speculation intensified during last year's election turmoil that Mr Mugabe may be looking for a way out of office after he lost the first round of polling to Movement for Democratic Change (MDC) leader Morgan Tsvangirai.
But he formed a unity government with Mr Tsvangirai last week, resisting Western calls for him to step down.
Once prosperous Zimbabwe is facing total economic collapse including widespread poverty, high unemployment and crippling hyper-inflation.
Mr Mugabe's second wife Grace has made several shopping and holiday trips to Asia, including Hong Kong and Bangkok, in recent years.
The newspaper said she was also weighing up diamond ventures in China.
The Sunday Times said a reporter and photographer had visited the apartment last week, where they were attacked by the occupants.
The journalists have reported the incident to the Hong Kong police, who said they were investigating the allegations, the newspaper said.
Mr Mugabe, who turns 85 this week and is expected to hold lavish celebrations, is blamed in the West for much of his country's woes, pursuing policies that have exacerbated the crisis.
He is banned from travelling to the European Union.
In power since independence from Britain in 1980, Mr Mugabe says Western governments want to remove him from power and have destroyed Zimbabwe's economy by imposing sanctions. -- Reuters