Fugitive legislator arrested at airport

David Butau HARARE - Former Guruve North legislator, David Butau is said to have been 
arrested Monday evening as he arrived from Britain where he had sought 

Butau, who was chief executive officer of Dande Holdings, which has 
significant interests in agriculture, faces charges connected to alleged 
violations of the Exchange Control Regulations.
Police sources revealed the former legislator had bargained for his freedom 
while he was still in the United Kingdom and was arrested by police who 
already had the full knowledge he was on the Monday flight.
"He had written to the Attorney General’s office seeking to know the nature 
of his offence," said a source on condition of anonymity.
"He was then informed of his charges whilst he was still in the United 
Kingdom. So he had to weigh the pros and cons of coming back to face the 
charges against his business interests in Zimbabwe."
Butau fled to the United Kingdom on December 27, 2007 after police had 
issued a public statement he was wanted for questioning on the matter.
Although the police had, during the time, not specified the nature of his 
crime, it later emerged after the former Zanu-PF official had fled the 
country that he was being sought over a payment of about 537 000 pounds for 
tractors, made from an offshore account in the Channel Islands.
The payments were allegedly made by two cheques on November 11, 2007 to 
Michigan Tractors.
The money was allegedly withdrawn from Butau’s personal account with HSBC 
Bank Channel Islands Branch.
While in the UK, Butau, who pleaded innocent, wrote to a government 
controlled weekly saying he had fled as he believed he would not get a fair 
treatment from what he saw as government’s vindictive stance.
He had however promised to return to Zimbabwe as soon as documents and 
details absolving him of any wrongdoing were forwarded to the relevant 
At the time, the first signs of Butau’s imminent arrest emerged when central 
bank governor, Gideon Gono had publicly accused some Zanu-PF and government 
officials of creating artificial shortages of the local currency through 
hoarding cash for speculative purposes.
Gono, who was announcing the introduction of a new set of higher 
denomination bearer cheques, said he was ready to appear before the 
parliamentary committee on budget and finance to name and shame corrupt 
It later emerged Gono had been trying to pique Butau, who was in fact 
chairing the parliamentary committee.
Pressured to respond, the Zanu-PF official, who is said to be linked to a 
Zanu-PF faction led by former army commander, General Solomon Mujuru, ran 
into Gono’s hands by saying his committee was not going to be hurried into 
summoning the central bank chief.
Police later issued a press statement that Butau’s name was on the "Wanted 
list" in connection with exchange control violations.
A Harare man linked to companies involving Butau later pleaded guilty to 
charges of illegally dealing in foreign currency involving more than Z$2, 1 
According to court documents, Joseph Manjoro, a finance and administration 
executive with Clarion Insurance, was contracted by Flatwater Investments to 
source foreign currency from individuals in the Diaspora to procure tractors 
for the Reserve Bank for the government’s Agricultural Mechanisation 
Manjoro allegedly transferred some of the money to companies linked to 
Butau.  Squareaxe received Z$575 billion through its ZB Bank account while 
Nyamasoka Farm received Z$262, 5 billion through CBZ Bank.

Post published in: News

Leave a Reply

Your email address will not be published. Required fields are marked *