Rédaction Africa Links 24 with Zimeye
Published on 2024-03-05 07:26:34
Henrieta Rushwaya, the President of the Zimbabwe Mining Federation (ZMF), is currently under scrutiny for allegedly swindling an Indian investor out of a staggering sum of USD 1 million in a failed mining deal. The accusations have surfaced in a local online publication, shedding light on the dubious practices surrounding the incident.
It is reported that Rushwaya misled an Indian-based company, NV Group, which is now being represented by Colonel S S Sidhu in Zimbabwe. The online publication further alleges that Rushwaya’s associate, Ashif Adil, approached NV Group claiming to represent President Emmerson Mnangagwa in foreign investments. The elaborate scheme involved Rushwaya posing as a representative of the President and promising lucrative business opportunities in Zimbabwe.
However, the plot thickened when Rushwaya’s visa application to India was rejected due to her questionable past. Undeterred, she arranged a meeting with the Chairman of NV Group in Dubai, accompanied by a large entourage demanding luxury accommodations and business class travel. The details of this extravagant trip have been reported to the police by Colonel Sidhu, who was coerced into paying a substantial sum to prevent the collapse of the deal.
In a leaked message from a WhatsApp thread, Rushwaya was seen pressuring Sidhu for payment, threatening to jeopardize the agreement if her financial demands were not met. The tangled web of deceit woven by Rushwaya involved false claims of being President Mnangagwa’s niece and using his name to secure funds from unsuspecting investors.
Subsequent investigations revealed that Rushwaya received USD 1 million from the investors, under false pretenses. Evidence of communication with the NV Group’s chief executive and a paper trail of payments have been obtained by the publication. However, it was discovered that Rushwaya vanished after squandering the money, leading the investors to a defunct mine in Mufurudzi game park.
Colonel Sidhu has reported the matter to the Zimbabwe Republic Police, prompting an official investigation into Rushwaya’s fraudulent activities. Despite attempts to reach Rushwaya for comment, she remained elusive at the time of reporting. The Express Mail, the local online publication that broke the story, has brought this scandal to light, exposing the deceitful tactics employed by Rushwaya to defraud unsuspecting investors.
As the investigation unfolds, details of Rushwaya’s elaborate scheme continue to emerge, painting a picture of deception and greed. The repercussions of her actions have not only tarnished her reputation but also raised questions about accountability and transparency in the mining sector. The case serves as a cautionary tale for investors to exercise due diligence and skepticism when presented with seemingly lucrative opportunities, especially in foreign investments.
Read the original article on The Zimbabwe Eye
