Farai Rwodzi ,CFX/Interfin Bank Zimbabwe & Muponda ownership dispute Part 2 of 5

Farai Rwodzi ,CFX/Interfin Bank Zimbabwe & Muponda ownership dispute Part 2 of 5
by Gilbert Muponda on Monday, September 27, 2010 at 8:34pm

Mr Farai Rwodzi and Interfin Bank Holdings seem to be flip –flopping at an alarming rate for people who are supposed to be running a Bank. First Mr Rwodzi claimed to have paid me US 5.3 million ( http://www.newsday.co.zw/article/2010-08-25-interfin-acquires-13-of-starafrica ).When I denied ever receiving this money Interfin then changed their story to say They will never pay me a cent http://www.newsday.co.zw/article/2010-09-26-interfin-rejects-mupondas-53m-claim .Investors and the public are likely to ask which is which Mr Rwodzi?



These confused and contradictory statements only confirm Interfin and Mr Rwodzi are fully aware of the legitimacy of my claim but simply do not know how to proceed for the fear of losing face or admission of guilty.This is part 2 of 5 the genesis of the dispute by proving beyond any doubt that I have always maintained my 309 million Century Bank Holdings shares were illegally and irregularly converted into CFX shares then into Interfin Bank Holdings shares.



The movement from Century Bank to CFX Bank to CFX/Interfin Banking Corporation clearly shows there is a problem and attempts to conceal and deceive on the initial fraudulent transfer of the Century Shares into CFX Bank then Intern Bank. For that reason we have demanded to know the full identity of the individual or entity who initially “bought” the 309 million shares for which I am demanding US 15.4 million made up of the US 5 cents per share multiplied by 309 million shares.reference is made to High Court Case HC-6244-04



Why is the identity of this buyer such a big mystry.Buyers of 309 million Bank shares are normally proud to be known for such a material acquisition. Why is this buyer still hidden after 6 years of the transaction. What is being hidden by blocking the identity of the “buyer” of the 309 million shares in dispute?



Our legitimate claim to compensation of $ 15.4 million for the 309 million shares is indisputable.Farai Rwodzi and Interfin’s refusal to pay compensation is compensation is groundless and is absolutely not acceptable. Everybody knows that Farai Rwodzi and Interfin built their business on cutting corners and grabbing assets, but the current refusal to pay compensation will make that explicit.



In part 1 of these series I revealed the copy of my original founding affidavit for High Court Case HC-6244-04 blocking the attempted sale and transfer of 309 million shares which triggered this dispute. In this part I reveal the supporting affidavit by my business partner Nyasha Watyoka supporting my motion for High Court Case HC-6244-04.I believe who ever gave Mr Rwodzi the legal opinion on this transaction totally ignored the High Court case HC-6244-04 and its implications of making the share transfer null,void and fraudulent. Below is a copy of the original affidavit signed by my Business Partner Nyasha Watyoka