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*ZANU PF Bigwigs Milked CBZ Bank Of Over US$160 million - Report*

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A report claims that top ZANU PF officials and opposition leaders allegedly abused office to acquire loans without collateral and owe CBZ bank a cumulative of at least US$160 million accrued between 2010 and 2014.

The Zimbabwe Morning Post claims to have in its possession a copy of the list of names (and amounts owing) of more than 20 high profile politicians to be handed over to the CBZ bank lawyers.

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The report further claims that the list will be handed over to CBZ’s legal this week, Biti and Associates.

The legal team will be tasked with starting legal proceedings towards the recovery of the outstanding amounts.

The publication was told by its highly placed source:

> The previous management led by former chief executive Never Nyemudzo was not comfortable in giving out names and contacts of the debtors as he (Nyemudzo) cited banker-client confidentiality.

> This is because most of these guys are big fish and powerful and the challenge is there was no collateral to back up the loans.

> Some of them have fled the country because of their perceived G40 links and recovering that money will be a major hustle.

> Biti will be handling the case in a bid to recover the funds.

> He is a neutral lawyer who is not conflicted or compromised in this matter since he has no ties whatsoever with the ZANU PF bigwigs on the list.

Below is the list of the bigwigs:

> Grace Mugabe $4,5 million

> Obert Mpofu $2,5 million

> Gideon Gono $2 million

> Jocelyn Chiwenga $900k

> Andrew Mhlanga $200k

> Ignatius Chombo $500k

> Douglas Mahiya $75k

> Prof Jonathan Moyo $200k

> Supa Mandiwanzira $400k

> Leo Mugabe $300k

> Mandivepi Chimene $100k

> Happyton Bonyongwe $800k

> Olivia Muchena $200k

> Didymus Mutasa $375k

> Temba Mliswa $350k

> Joseph Chinotimba $100K

> Job Sikhala $100k

> Edna Madzongwe $650k

> Mabel Chinomona  $88k

*More: Zimbabwe Morning Post*

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