Does Bona Mugabe’s pad in Hong Kong belong to the Zimbabwe government?


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This will be the question that will be decided when the dispute over ownership of the $5million villa at JC Castle estate in Hong Kong goes to court on 6 March next year.

According to the South China Morning Post lawyers for the Zimbabwe government and Taiwan-born South African businessman Hsieh Ping Sung met Judge Godfrey Lam Ho-wan today to discuss arrangements for the trial.

Hsieh argues that the HK$40 million Hong Kong villa is his.

Records show that his company Cross Global bought the villa for HK$40 million in 2008.

Former President Robert Mugabe claimed that the villa belonged to the government of Zimbabwe.

His daughter Bona was “borrowing “it when she lived there while studying at City University.

Hsieh says it belonged to him all along.

Mugabe said Hsieh and his company Cross Global were merely holding the villa on trust.

(388 VIEWS)

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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