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*Mugabe's Hong Kong Villa Sold At A 15 Per Cent Loss* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?rm A luxury villa previously occupied by the former First Lady Grace Mugabe and her daughter Bona has been sold at a 15% loss according to reports. Grace Mugabe and Bona had been staying in the villa since 2008 while the latter attended the City University of Hong Kong under an alias. The luxurious apartment, house 3 of JC Castle has been sold for HK$34 million (US$4.3 million), a loss of 15 per cent from its 2008 purchase price of HK$40 million, according to Century 21 Deluxe Home Property, which handled the transaction. The agency involved in the deal did not identify the buyer. ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- The villa was bought in 2008 by a company called Cross Global and sold two years later at a cost to its sole shareholder Hsieh Ping Sung, a Taiwan-born South African businessman and one-time Mugabe confidant. Mugabe’s government sued Cross Global and Hsieh in 2014 to claim ownership of the 2,761-square foot villa, claiming “100 per cent beneficial” ownership of it, saying that the businessman had merely been holding it on trust. *More: South China Morning Post* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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