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Minister and business tycoon Obert Mpofu is set to lose 50 properties he reportedly surrendered as surety to secure a $2 million loan from CBZ Bank
MACRO-ECONOMIC Planning and Investment Promotion minister and business tycoon Obert Mpofu is set to lose 50 properties he reportedly surrendered as surety to secure a $2 million loan from CBZ Bank after the financial institution approached the High Court seeking provisional sentence on a liquid document. The Zanu-PF secretary for finance – who owns companies such as Trebo and Khays, Maminza Transport, and Khanondo Safari and Tours – could be sitting on a crumbling…
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