The planned takeover of the ZANU PF linked Sakunda fuel group, by a controversial Dutch multinational oil trader called Trafigura, has been slammed as an "exploitative deal" that entrenches ZANU PF's grip on power.
The takeover of Sakunda is said to be part of Trafigura's aims at "consolidating its grip on the fuel supply and distribution in
Senior ZANU PF and CIO officials have been linked to Sakunda for years, and the company has long been accused of supporting the party's political and financial aims. For example in 2012, it was Sakunda that facilitated an estimated
More recently, in
With Sakunda and
"It is unacceptable that an entity like this comes in and buys out the market. The laws also states that in the retail sector, only locals can participate. This is the fuel retail sector, so there is much more to this than a straight deal," Musewe said.
Also implicated in the Trafigura deal is the
Brainworks, said to be investing in
Diamond meanwhile recently said he would secure a
Musewe said these loans and related deals are all about securing ZANU PF's grip on power, in exchange for
"This is the same beast that has done all the corrupt deals in
Trafigura meanwhile has had its own share of controversy and in 2006 was directly implicated in a health crisis in CÔte d'Ivoire after a Trafigura chartered ship offloaded toxic waste at an Ivorian port. The gas caused by the release of these chemicals is blamed by the UN and the government of CÔte d'Ivoire for the deaths of 17 and the injury of over 30,000 Ivorians.
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