Word: honge
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...exposé published last week in the London-based Sunday Times alleges that Mugabe and his wife Grace have amassed a string of investments through a shadowy network of partners in Hong Kong, Malaysia and Singapore, most likely with funds funneled out of Zimbabwe's coffers. Mugabe is reviled by many of his countrymen and much of the world for the corruption and cronyism of his regime, and extensive U.S. and European Union economic sanctions bar him and his associates from visiting or conducting financial affairs in the West. So the former champion of anticolonial revolution has over the years...
...press reports this month are to believed, he and his confidantes are looking to Asia and to property at JC Castle - named for the action star Jackie Chan by the real estate group behind the residential development - for solace and safety. (See 10 things to do in Hong Kong...
Chief among his alleged Asian possessions is the $5.7 million house purchased last year in this remote development, perched beneath a hilly copse of trees in Hong Kong's verdant New Territories. An agitated guard stationed by JC Castle's iron-gated entrance told TIME there was no such house; she was contradicted by a superior who said its occupants had left strict instructions not to be disturbed by visitors. When two Sunday Times journalists approached the compound to photograph the villa last week, they were reportedly assaulted by three African guards and had to receive medical treatment. This attack...
...critics of extravagant spending sprees, with funds supposedly siphoned from Zimbabwe's state bank. According to the Sunday Times, she has spent tens of thousands of dollars on designer handbags and Vietnamese marble statues, and is supposedly speculating in a lucrative China-based diamond business. During stays in Hong Kong, according to local reports, Grace's entourage occupies two whole floors of some of the fanciest hotels. She was photographed in 2003 with 15 trolley loads of luxury goods while sitting in a first-class lounge in Singapore's airport. The Reserve Bank of Zimbabwe reportedly doled...
...While Hong Kong maintains strict rules against money laundering, the Mugabes, it appears, have established themselves here with little trouble. Bona Mugabe, the dictator's 20-year-old daughter, is allegedly enrolled at Hong Kong's City University. (Mugabe's relatives have been barred entry at schools in the West and Australia.) The Zimbabwe National Students Union, based in Harare, issued a petition on Feb. 15 demanding Bona's deportation back to Zimbabwe, so that she could resume her studies alongside her people. "The state of our education system is so deplorable," reads their statement, "that [Robert Mugabe] has seen...