News / National
Plot to hide ex-CIO boss's vast wealth
26 May 2024 at 08:44hrs | Views
Allegations have surfaced that the widow of the late Maynard Muzariri, deputy director general of the Central Intelligence Organisation (CIO), deliberately underestimated the value of his assets, potentially disadvantaging both the state and rightful heirs.
Records from the Master of the High Court revealed discrepancies in the valuation of Muzariri's properties. His four-bedroom house in Borrowdale, purportedly valued at US$45,000, is estimated to be worth over US$700,000. Situated in Harare's affluent Rolf Valley, the property spans 5,320 square meters, featuring amenities like a swimming pool and tennis court. Additionally, a 10,000 square meter stand in Glen Lorne was undervalued at US$5,000, despite its believed worth of approximately US$1,500,000.
Despite the registration of Muzariri's estate, it remains undistributed eleven years after his demise. Discontented claimants, Tatenda Moses Muzariri, Chipo Tsitsi Muzariri, and Prince Mutyambizi, represented by lawyers Madzima, Chidyausiku, and Museta, have called for a meeting with Esther Muzariri, the executrix dative, to address apparent mismanagement of the estate.
In a letter dated May 20, 2024, the lawyers highlighted significant discrepancies, alleging assets were understated, including a farm, commercial property, livestock, and farming equipment. Failure to rectify these issues within seven days would prompt legal action.
Despite an earlier meeting request in 2022 being rejected by Esther's legal representatives, the claimants insisted that the estate's finalization hinges on complete liquidation, a process not yet completed.
Esther Muzariri retains possession of the properties, with the estate registered under DR772/11 in July 2011, designating her as the executrix dative. Maynard Muzariri, who passed away at 56, served in various intelligence roles, including deputy director general of the president's department, during his tenure.
Records from the Master of the High Court revealed discrepancies in the valuation of Muzariri's properties. His four-bedroom house in Borrowdale, purportedly valued at US$45,000, is estimated to be worth over US$700,000. Situated in Harare's affluent Rolf Valley, the property spans 5,320 square meters, featuring amenities like a swimming pool and tennis court. Additionally, a 10,000 square meter stand in Glen Lorne was undervalued at US$5,000, despite its believed worth of approximately US$1,500,000.
Despite the registration of Muzariri's estate, it remains undistributed eleven years after his demise. Discontented claimants, Tatenda Moses Muzariri, Chipo Tsitsi Muzariri, and Prince Mutyambizi, represented by lawyers Madzima, Chidyausiku, and Museta, have called for a meeting with Esther Muzariri, the executrix dative, to address apparent mismanagement of the estate.
Despite an earlier meeting request in 2022 being rejected by Esther's legal representatives, the claimants insisted that the estate's finalization hinges on complete liquidation, a process not yet completed.
Esther Muzariri retains possession of the properties, with the estate registered under DR772/11 in July 2011, designating her as the executrix dative. Maynard Muzariri, who passed away at 56, served in various intelligence roles, including deputy director general of the president's department, during his tenure.
Source - online
