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'Obert Mpofu has bought half of Bulawayo,' says Tsvangirai

by Staff reporter
16 Mar 2013 at 08:27hrs | Views
Morgan Tsvangirai, the MDC-T leader, has challenged Mines Minister Obert Mpofu to explain the source of the wealth.

Addressing a referendum campaign rally in Bulawayo Thursday, the premier accused Zanu-PF ministers of "looting State resources" at a time the majority of Zimbabweans were struggling to survive.

According to a statement from the MDC-T, Tsvangirai told supporters: "Ask Obert Mpofu how he managed to buy a bank when yesterday he had nothing. I hear he has bought almost half of Bulawayo."

Mpofu assumed 100 percent ownership of the Zimbabwe Allied Banking Group (ZABG), now renamed Allied Bank, after injecting about US$23 million into the institution last June.

Questions have been raised over the source of Mpofu's wealth amid reports he also owns a huge property portfolio in Bulawayo and Victoria Falls.

Mpofu was last year defended by his deputy, Gift Chimanikire of the MDC-T, who insisted that his boss had "worked hard" for his riches.

"What kind of a genius could he be to create such amount of wealth in one year?" Chimanikire enthused while speaking at diamond  conference last November.

"When I joined the Mines ministry, Mpofu had been there for a year. He already had that kind of wealth."

Source - news
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