Rwodzi ,Mujuru and Interfin Bank money laundering web Part 5 of 10

This is part 5 of a 10 part series aimed at accurately documenting the excessive asset grabbing and looting being done by the Farai Rwodzi-Mujuru-Interfin Bank Zimbabwe syndicate. GMRI Data Mining (www.gmricapital.com) which has been doing back ground research has received overwhelming support and very credible pointers and hints from whistleblowers who have come face to face with this mafia-like-money-laundering-syndicate which continues to suck the Zimbabwean Economy through corruption and dubious self enrichment schemes as demonstrated by their controversial of Century/CFX Bank then falsely claim they had paid Gilbert Muponda $ US5.3 million. http://www.newsday.co.zw/article/2010-08-25-interfin-acquires-13-of-starafrica

This article is a bit on the light side as it covers some of the smaller fish involved in this money laundering and exporting syndicate working for Zimbabwe’s second family of Vice President Joice Mujuru and retired General Mujuru. The level of wealth grabbing and accumulation has approached alarming and scary levels even measured by any kleptocratic standards. One is left to wonder what do these greedy and corrupt individuals would stop at given how they have spread their influence into most sectors of the Economy.

It is important to clearly highlight deals like these as they are the ones that Interfin Bank Zimbabwe and Meikles Africa Chairman Farai Rwodzi has been benefiting from and assisting to lauder the proceeds. This should also accurately inform Interfin business partners such as MoneyGram International. Multi Choice Africa who they are dealing with. In addition entities such as Kingdom Meikles Africa chaired by Farai Rwodzi role in the on going asset looting and money laundering must be documented.

Farai Rwodzi , Edwin Gumbo( Minister Rugare Gumbo is the enabling Uncle),Adam Molai ( married to President Robert Mugabe’s Niece) Edwin Gumbo currently owns four houses ( addresses provided) in Sandton, Johannesburg ,South Africa 3 of which are believed to be owned on behalf of his uncle Minister Rugare Gumbo . The illegal movement of the funds used to buy these properties has been done via various accounts including bank accounts at ABSA ( account number provided)
Whilst the brotherhood acted the whilst blowers they were busy pointing away from their illegal activities which they covered up by paying huge bribes such as depositing cash for several police officers and Reserve Bank of Zimbabwe officials to avoid arrest.
Efe securities ( Edwin ,Farai ,Edgerton) is part of the inside trading ring which works to get inside information on other business rivals and corporates. This information is then used to manipulate share prices and black mail Company executives.
At one of their offices at Hurudza house they do their illegal gold dealings and Minister Rugare Gumbo is partner and covers them politically on the small illegal gold deals whilst the bigger deals are handled at the Mujuru level.

So to enable them to be internationally legitimate they want Kingdom Bank badly as a get way to list on the New York Stock Exchange and achieve the ultimate in terms of money laundering using an American listed Conglomerate .This is why Farai Rwodzi as Meikles of Kingdom Meikles Africa has been at the forefront of seeking to kick Nigel out of Kingdom. The idea is to take over Nigel’s vision of listing Kingdom on the New York Stock Exchange.
The foot soldiers such as Aron Jani and Edwin Gumbo are proud because they are not on the sanctions list so their are the frontman who can play around on the MDC side and ZANU-PF side. The other guy is Ray Kaukonde who is involved in the Farai Rwodzi-Mujuru-money laundering scheme at times acting as an enforcer particularly to scare and intimidate business rivals and influence peddling. These guys are bad news they all posses South Africa resident permits always ready to run .
Edwin gumbo bought a couple of guys in CIO Mercedes benz vehicles from his father in law at mercury motors. These guys act as informers and informal enforcers used to cow and scare business rivals whenever the need arises. Bribing security services is a favourite past time for the gang as it allows them a free pass to get away with the most illegal of activities since some law enforcement officials are compromised and are partly on their payroll.
Farai Rwodzi has acted as financial nerve centre and facilitator and custodian of the looted funds at Interfin Bank which he co-owns with the Mujurus and other related politicians. Most of the proceeds of the looting spree end up at Interfin Bank Zimbabwe chaired by Farai Rwodzi resulting in Interfin Banking Corporation always claiming to be “the cash rich Group” .Its clear where the cash is coming from.

This article appears courtesy of GMRI CAPITAL – www.gmricapital.com . It is original content generated for 3MG MEDIA – www.3mgmedia.ca .

Gilbert Muponda is an Investment Banker and Founder of GMRI CAPITAL . He can be reached at; www.ZimFace.com and www.facebook.com/muponda

Email: gilbert@gilbertmuponda.com . Skype ID: gilbert.Muponda

Twitter ; http://twitter.com/gmricapital

Phone: 1-416-841-5542