Malaysians hit by asset seizure in Zimbabwe

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Who says you need not worry about democracy when investing in a country.

You would probably be bananas if you think that your investments would be safe in an undemocratic country.

These can’t be the smartest of Malaysians to invest in a banana firm in Zimbabwe, ruled by the autocratic Mugabe, that good friend of Mahathir’s.

HARARE – The Malaysian government yesterday protested to Harare over the seizure by a former top army general of a Malaysian-owned banana farm in eastern Zimbabwe.

Charge de Affairs at the Kuala Lumpur’s embassy in Harare, Mohamad Nizan Mohamad, told journalists here that Vice President John Nkomo promised to take the matter to President Robert Mugabe – a friend of former Prime Minister Mahathir Mohamad. Full article here

Some people have to learn the hard way, I suppose.

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king of africa

Zimbabwe is not a bad investment decision for investors that want to make money. If we can read more into this matter you will see that the land reform prog that we are propagating had been violated hence the farm was seized.

king of africa

guys this was an unfortunate happening .

Phua Kai Lit

Hi Yang 9:33 am

Aljazeera TV says that Somali piracy on the high seas has become a big business that solicits investments. Maybe we can suggest that our very own UMNOputeras can shift (some of) their existing … activities to the Horn of Africa??

Iron

How do you know they (umnoputras) haven’t?

Littlebird

What a joke – the best business you do in a banana republic is banana plantation and by a former top general?

robin hood

well… as they say, a fool and his gold are soon parted.

what more can you say ’bout a fool who wanna invest in a country which is the epitome of the future bolehland.

Wise Owl

Why can’t this (people) (Umnoputra?) invest in the banana plantations in Malaysia? Of all places to invest is Zimbabwe – he must be mad – no wonder his investment has gone bananas now! M’s good friend?!

LBJ

” banana farm in a banana republic?” Apek. This is really good.

Yang

Another country is Somalia. You could be running for your lives if you invest there. Its better to avoid Africa and at one time Mahathir said go go go Africa and you could be out dead not only your money but your lives..Read the star today.

SO NO MATTER HOW BAD MAHATHIR WILL SAY OF THE US & THE WEST, I WILL STILL PREFER THE WEST & US THAN COUNTRIES SUCH AS AFRICA & MIDDLE EAST.

Iron

Look at your own country first, Yang.

They have done that to the Chinese !

sarah

I so badly wish the investor is Dr M, his sons or one of his cronies!!!

Iron

I so badly wish the investor is Dr M, his sons or one of his cronies!!!

Oh please, NO !!

Last time Dr. M’s sons lost money, we Rakyat ended up paying for EVERYTHING !!

And I mean, EVERYTHING !!

abc

madness to get involved in a mad land like Zimbabwee ruled by a madman.

unfortunately, this country is behaving like another Zimbabwee.

Richard Loh

It all depends on who that former top army general is, if he has connections with someone like TM, just a phone call will solve everything.

Najib had given his ministers the KPI, what about him, who is going to grade him.

Take this poll:

How would you grade the PM’s KPI (key performance index) during his 1 year in office.

Yang

I wanted to vote 15% and I thought give this Najib some face so vote him 25%. And the results show he got majority of 15% and that show how good his KPI is.

SamG

Not going to lose sleep over it… (probably) only a crony of Dr M would be dumb enough to invest in Zimbabwe. More than likely, easy come easy go…

Yang

Mathathir always said the west are no good so he ask Malaysia business man to invest more in Africa. Yes most cronies of UMNO go there and get burnt.Luckily most of the Chinese business man did not follow his advice.Instead they go to Vietnam, China, East Asia & the West. Many even invest in Myanmar which is much much better than Africa. Middle East is also one place you have to be very very careful.

Motorist

Dear UMNO Baru,

How does it feel to be on the wrong side of Ketuanan ZANU-PF?
How does it feel to be a minority that is being discriminated openly?
How does it feel to be at the wrong end of a discriminatory racial policy?

Sucks huh?

wandererAUS

Beware tainted politicians with haram money, your investments in TIMBAKTU will not be safe too…when PR comes to power!

Apek

Investing in banana farm in a banana republic? You got to be quite mad, man….

Ravin P

What goes around comes around. Karma? I can only chuckle to myself.

MAD

Paying the the boss is not enough to get protection. You must pay every level. This is after all a land without an honest judiciary system. Dont it sound familiar. Malaysia is just one step away from this example.

Iron

Oh, c’mon, Anil !

Stop blaming the Africans when we are doing the same thing !

How about the many of Chinese business, like Petrol stations, have been rampas…, huh?

How many Chinese banks have been forcefully taken over… huh?

Robert Mugabe definitely ain’t the only one doing such dastard deeds, Anil.