amaBhungane | The Moti Files: How businessman Zunaid Moti cosied up to the Mnangagwa regime | Business

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Leaked documents detail how the controversial businessman Zunaid Moti courted political influence in Zimbabwe while pushing for often outlandish concessions for himself and his companies. | amaBhungane

The leaked documents show how the Moti Group was teed up to benefit from a drive by the Zimbabwean regime to claw back mining rights from existing holders.

In terms of the joint venture agreement, ACF would do the actual mining and processing of ore, while RNH would acquire the mineral concessions to mine and pave the way for ACF by obtaining permits and clearing regulatory hurdles. Moti also denied that there was anything improper in Mnangagwa senior representing one of the parties in mediation between RNH and ACF.

In another example, ACF was permitted to"set-off" amounts owed to other Moti Group companies across the border in South Africa against its revenue – something Moti says was just to"facilitate ease of cashflow for operational purposes in the context of severe liquidity challenges". Moti told amaBhungane,"I did not, and do not hold a diplomatic passport from any country", though he did not deny having requested one. He described his offer to provide fuel to the Zimbabwean police and armed forces as a"philanthropic" gesture to"support local government in the area in which ACF operates".

The same document noted that ACF’s joint venture with the Ministry of Defence gave the company"access to all claims currently owned by larger players".An April letter from Moti Group executive Ashruf Kaka to the vice president is typical of the group’s routine interactions with Mnangagwa. Moti said that"numerous countries, including Zimbabwe and South Africa, offer various incentives to investors to attract foreign direct investment, promote economic growth and create jobs". National Project status, he added, was one such incentive that was granted to many other companies.

"More importantly, this request was refused, which demonstrates a clear and unequivocal application of discretion used, which did not always favour ACF."A June 2017 memo to Chiwenga prepared by Kaka proposed that Chiwenga push for a prisoner swap with the UAE in order to secure the extradition of one of Moti’s enemies resident in the UAE.

"This request was presented and after consultation that VP Chiwenga had with the department of justice, home affairs and other departments, the request was declined…"ACF’s operations in Chirumhanzu-Zibagwe soon became enmeshed in the local ZANU-PF patronage machine. The Midlands district is Mnangagwa’s former constituency and the area his wife Auxilia represented as a member of parliament from 2015 to 2018.

Keeping the local ZANU-PF and Mrs Mnangagwa onside appears to have paid off for ACF. Drummond stated in his email that"we had to provide the names of the workers committee, and MP Mnangagwa interrogated them and told them not to strike." It is unclear whether ACF was caught up in factional politics and this falling out came as a result of the company’s perceived closeness to the Mnangagwa faction, but in September 2017, just two months before the coup, Chidakwa’s Ministry informed the Moti Group of its refusal to reissue ACF’s export permit to allow it to export chrome ore.

ACF’s partnership with RNH, the Zimbabwean military-owned company, was also becoming increasingly fraught. On 17 November, in the midst of the coup that had begun three days earlier, RNH addressed an angry letter to ACF, accusing the company of dragging its feet in getting the joint venture up and running. RNH accused ACF of having"exhibited insincerity" and demanded $1.2 million for what it said was ACF’s"illegal" exploitation of its mining concession.

The Moti Group’s deal with the Zimbabwean tycoon involved the sale of a 30% stake in ACF to Sakunda for $120 million paid in instalments through to mid-2018. Over December and January, $2 million was transferred from ACF to a company called Cosmotex Investments controlled jointly by Lishon Chipango, who held varying stakes in ACF via Spincash, and Evelyn Chakuinga, reported to be Chiwenga’s niece.On 4 July 2018, shortly before the 2018 elections, $1.

From the moment of Moti’s arrest in Germany, where he was held for five months until January 2019, there followed a torrent of correspondence between him and his associates as they tried to lobby for his release, mount an international legal defence, and shuffle money and assets around the world for pay for this.

 

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