Sunday, November 26, 2017

Zimbabwe's Robert Mugabe's Golden Handshake Amounts To A $10mn Payoff & Legal Immunity

Robert Mugabe and his wife Grace will have their family assets safeguarded. Photograph: Philimon Bulawayo/Reuters

The Guardian: Zimbabwe: Robert Mugabe to get $10m payoff and immunity for his family

Ousted president was also promised that his salary would continue to be paid for life, reveals senior Zanu-PF official

Robert Mugabe and his wife will receive a “golden handshake” worth many millions of dollars as part of a deal negotiated before the resignation of the ageing autocrat last week. The exact sums to be paid to the former president and his wife Grace are still unclear, though one senior ruling party official with direct knowledge of the agreement said the total would not be less than $10m.

The official said that Mugabe, who has been granted immunity from prosecution and a guarantee that no action will be taken against his family’s extensive business interests, would receive a “cash payment of $5m” immediately, with more paid in coming months.

The 93-year-old’s $150,000 salary will also be paid until his death. The 52-year-old first lady, reviled for her extravagance and greed, will then receive half that amount for the rest of her life.

Read more ....

Update: Golden handshake: Mugabe family reportedly offered $10mn payoff & legal immunity (RT)

WNU Editor: Here is an interesting read .... CNN exclusive: Mediator tells how Mugabe was persuaded to step down (CNN).

5 comments:

Anonymous said...

Only 10mn? That money won't last them a year given their previous life style and need for bodyguards
If they don't have money stashed overseas, expect a blood bath of that family by next year

fazman said...

He was as big a despot as gadaffi and should have met the same fate.

RussInSoCal said...

I thought the whole thing was that they (the military) hated her....

D.Plowman said...

"I thought the whole thing was that they (the military) hated her...."

Mugabe isn't where he is without powerful friends and associates who he has spoiled over the years. Otherwise he would have been toppled by the military or other parties long ago.

The payoff is likely there to keep him happy and the wife happy. In reality, they're essentially bribing them to allow for a smooth transition of power.

Anonymous said...

Immunity can be rescinded. The purges of Mugabe's supporters will happen first. It will start with low level people and work its way up the chain. Mugabe himself is old and will die. When that happens Grace will get caught "plotting' a counter-coup and will be eliminated.