The Herald Newspaper this week reported that Raymond Njanike ( Interfin Bank MD) ,Farai Rwodzi ( Interfin Chairman) and Interfin Banking Corporation had managed to to mislead regulatory Authorities such as the Reserve Bank and Ministry of Finance to approve their fraudulent take over of Century/CFX Bank.This fraudulent transaction is still being challenged in court under high court case HC 6244-04.
Farai Rwodzi,Raymond Njanike and Interfin banking Corporation owe are fully aware that their taske over of Century.CFX Bank was fraudulent therefore its null and void.In addition its a mind boggling puzzle how individuals who claim to be Bankers can go ahead and "take over" a Bank whose ownership is already being challenged in Court under HIGH court case HC-6244-02 .
Such actions are clearly fraudulent as Interfin are now trying to rebrand the Bank and strip assets whilct the case is still pending before the courts.Their aim is to mix up assets until they cant be identified or traced theby allowing them to get away with the fraud and conceal their illegal actions.Farai Rwodzi and Interfin owe $ 15.4 million being the value of the fraudelently acquired 309 million shares at the share value of $ 0.05 per share.
This claim is indisputable since Interfin were fully aware of the legal proceedings regarding these shares before their purported "acquistion" of Century/CFX Bank.Instead of continueing to mislead investing public,depositors and regulatory approvals about their fraudulent activities Interfin should be focused on raisning the $ 15.4 million which they owe me and my Company ENG Capital for the 309 million shares at $ 0.05 per share.
Interfin Bank, Raymond Njanike and Farai Rwodzi have been manupulating their lawyers Mr Stanford Moyo and Mr Addington Chinake by giving them false and incomplete information about their illegal and irregular acquistion of CFX/Century Bank.In turn these reputable lawyers were duped into issuing legal opinion which they wouldnt have issued had they known the full facts such as the High Court case HC-6244-04.
In addition Farai Rwodzi,Raymond Njanike and Interfin Bank have proceeded to mislead regulatory Authorities into approving a fraudulent transaction which is being challenged in court.Such actions of deliberately misleading a regulatory body are illegal and fraudulent.These actions endangers the survival of Interfin and potentially puts investor funds into jeorpady once the regulators discover that their approavals were obtained based on false and incomplete disclosure of information.
Gilbert Muponda is an Investment Banker and Founder of GMRI CAPITAL ( www.gmricapital) .
He can be reached at; www.facebook.com/muponda
Email: gilbert@engcapital.ca .
Skype ID: eng.capital
Twitter ; http://twitter.com/engcapital
http://www.youtube.com/user/ENGCapital
Phone: 1-416-841-5542
No comments:
Post a Comment