Ex-ENG director seeks de-specification

Former ENG Capital Group director Gilbert Muponda’s lawyers Gutu and Chikowero Attorneys say they have engaged the Ministry of Home Affairs seeking a de-specification order for the Canada-based businessman who fled the country six years ago.

Muponda, who went into exile following accusations of financial irregularities that led to ENG’s insolvency yesterday posted a statement on his Facebook page that he was preparing to return to Zimbabwe.

However his lawyer, Benjamin Chikowero of Gutu and Chikowero Attorneys, said they were still awaiting a response from the Ministry of Home Affairs.

“We are yet to get a response on his quest to be de-specified from the responsible authorities,” said Chikowero.

In his message Muponda said he had been alerted of articles circulating that were creating a false impression that he was a fugitive from justice.

“I deny and reject this malicious allegation and label being peddled and promoted by people who looted my assets,” said Muponda.

“Those who looted my assets under a false smokescreen of accusing me of fabricated charges continue to fuel these tired and discredited allegations. I am a focused, honest and hard-working entrepreneur.”

Muponda said whilst there is an onslaught by his perceived enemies he would continue to fight for the return of his assets.

“They are being paid by individuals who seized my assets including my bank, CFX Bank, which I am challenging under High Court case number HC 6244-04.

“My company ENG was wrongfully accused of financial irregularities and of being insolvent. However my company ENG Capital has paid all claims against it. It does not owe anyone,” he said.

The businessman said his innocence was in July last year confirmed by the High Court of Zimbabwe judge Justice Lavender Makoni who ruled that ENG had paid “past, present and future debts” and ordered that all assets which were seized but were excess to requirements be returned to him.


This ruling is said to have also been confirmed by the liquidator and Master of High Court.

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