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Mnangagwa buys mansion in Dubai?

Mnangagwa to disappear into exile once toppled from power by army, buys mansion in Dubai? Spendthrift President Emmerson Mnangagwa, has reportedly bought an exquisite massive beachfront villa in Dubai,.

where he intends to retire or alternatively use the opulent property as an exile bolthole should he be forced out of power by another unavoidable military coup, Spotlight Zimbabwe, has been told.Mnangagwa, is allegedly plotting to disappear from the country into exile once toppled from power by the army or his own ruling Zanu PF party by June 2020, high level sources in the Office of the President and Cabinet (OPC) have revealed.

The multi-million villa, whose actual price has been kept a close guarded secret is situated in Palm Jumeirah island, which is the world’s largest man-made island comprising of a two kilometre long trunk, a crown made up of 17 fronds and a surrounding crescent.The Palm Jumeirah is an artificial archipelago in Dubai, in the United Arab Emirates (UAE), created using land reclamation by Nakheel which extends into the Persian Gulf.


It is part of a larger series of developments called the Palm Islands, including Palm Jebel Ali and Palm Deira, which, when completed, will together increase Dubai’s shoreline by a total of 520 kilometres.“Shumba Murambwi (Mnangagwa’s totem) has been offered State protection in the UAE should the need arise, hence the acquisition of the villa through an unnamed third party,” said a senior official at OPC last week.

“His personal friendship with the Crown Prince of the Emirate of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, now makes the UAE his preferred destination for retirement or exile.A lot is taking place and the president’s inner circle are planning ahead for any eventuality, They also think that his money will be safe there, because the UAE’s banking system is very secure.”Another OPC source told Spotlight Zimbabwe, that there was strong suspicion that Mnangagwa’s Dubai villa, could have been purchased for him as a gift by his business and mining associates in the UAE.amid reports that Mnangagwa is reportedly facilitating for investors in that country to come into Zimbabwe to establish new gold mines.


Bloomberg News reported last week, that Harare was in advanced talks with a “key” foreign investor over the establishment of a gold mine that would be triple the size of the largest gold operation currently in the country.Government has not provided any further details about the origins of the foreign investor. The gold mine will produce 6 metric tons of gold a year, according to the mines ministry.“The indigenization law, which requires 51 percent control by locals in the major sectors of the economy has been amended.Who do you think is going to benefit from this?” said the OPC source.“

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