Categories: Stories

Zimbabwe should be open for business not to crooks

According to the Financial Gazette, Coker was being hounded by immigration officials because they wanted him to pay them $1 200 to stamp his passport.

Coker was said to be working with Tav Singh a director of 360 Time World Development. The Financial Gazette said Singh had written to Immigration pleading with them assist Coker with resident permit because he had submitted proposals “for the construction of an iconic Tower plaza, new tourist city, an offshore financial centre and new purpose built marina on Lake Kariba”.

These together with ancillary infrastructure developments, the story said, will bring massive investment into Zimbabwe that will exceed $100 billion over the next 5-7 years.

Records show that though Coker was a director or secretary of more than a dozen companies registered in the UK, all had been closed down by 2008.

Efforts to get Singh to confirm the planned investment and whether he knew Coker’s background have so far been fruitless.

But a company check brings out the following: “Mr Kenneth Vincent Grant Coker holds 0 appointments at 0 active companies, has resigned from 0 companies and held 14 appointments at 14 dissolved companies. KENNETH began their first appointment at the age of 43. KENNETH is not registered as holding any current appointments.

“The combined cash at bank value for all businesses where KENNETH holds a current appointment equals £0, a combined total current assets value of £0 with a total current liabilities of £0 and a total current net worth of £0. Roles associated with Mr Kenneth Vincent Grant Coker within the recorded businesses include: Company Secretary, Director.”

(381 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on September 12, 2018 2:04 pm

Page: 1 2

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Zimbabwe International Trade Fair plans to turn exhibition centre into commercial complex

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…

April 25, 2024

ZiG falls against US dollar

Zimbabwe’s new currency today fell against the United States for the first time since its…

April 25, 2024

ZiG plays havoc on the Zimbabwe Stock Exchange

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…

April 24, 2024

Jonathan Moyo tells Mushayavanhu to stick to monetary policy and leave money changers to the police

One bane of recent public discourse in Zimbabwe is not only that it is never…

April 23, 2024

ZiG kicks off third week on a stronger note

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…

April 22, 2024

Zimbabwe asks US to tell its banks they can now deal with Harare

Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they…

April 20, 2024