Zimbabwe should be open for business not to crooks


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According to the Financial Gazette, Coker was being hounded by immigration officials because they wanted him to pay them $1 200 to stamp his passport.

Coker was said to be working with Tav Singh a director of 360 Time World Development. The Financial Gazette said Singh had written to Immigration pleading with them assist Coker with resident permit because he had submitted proposals “for the construction of an iconic Tower plaza, new tourist city, an offshore financial centre and new purpose built marina on Lake Kariba”.

These together with ancillary infrastructure developments, the story said, will bring massive investment into Zimbabwe that will exceed $100 billion over the next 5-7 years.

Records show that though Coker was a director or secretary of more than a dozen companies registered in the UK, all had been closed down by 2008.

Efforts to get Singh to confirm the planned investment and whether he knew Coker’s background have so far been fruitless.

But a company check brings out the following: “Mr Kenneth Vincent Grant Coker holds 0 appointments at 0 active companies, has resigned from 0 companies and held 14 appointments at 14 dissolved companies. KENNETH began their first appointment at the age of 43. KENNETH is not registered as holding any current appointments.

“The combined cash at bank value for all businesses where KENNETH holds a current appointment equals £0, a combined total current assets value of £0 with a total current liabilities of £0 and a total current net worth of £0. Roles associated with Mr Kenneth Vincent Grant Coker within the recorded businesses include: Company Secretary, Director.”

(164 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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