BY A CORRESPONDENT| The Government of Zimbabwe has been urged to institute an independent forensic audit of the activities of Augur Investments OU, an Estonian registered company involved in shady and obscure dealings with City of Harare since 2007.
The call was made as part of recommendations contained in a report on the operations of a caretaker council instituted in 2008 by the then Minister of Local Government and National Housing Ignatius Chombo.
Augur Investments OU is owned by controversial businessman Kenneth Raydon Sharpe, one of the most corrupt people recently named by former Finance minister Tendai Biti
“The government should institute an independent audit of the activities of Augur Investments OU. This audit should be undertaken to establish whether Augur Investments OU has complied with the Zimbabwe Investments Authority Act, which states that all foreign Investment should register with the Zimbabwe Investment Authority,” the report said.
The probe report questioned the sources of funds used by Augur Investments in its dealings with City of Harare as tendered for the construction of Airport road, a few days after its registration in Estonia.
Sharpe and his employees Michael John Van Blerk, Simon Kadye and Mandla Marlone Ndebele among others are facing a litany of litigations at the High Court.
In one of the cases, Sharpe together with City of Harare employees lied under oath that a Harare businessman George Katsimberis constructed a show house at Pokugara Properties without approved architectural designs.
The company is also facing court challenges from Harare North legislator Norman Markham, the Homeless People Federation and many other organisations over a murky deal in which they benefitted 274 hectares of land in Pomona Township.
Currently, Augur Investments is in the eye of storm after it attempted to evict Warren Hills Golf Club tenants as the company wants to convert the recreational place into a residential area as part of Sunshine Development-another obscure deal with City of Harare.