By Farai D Hove | ZimEye | – In a stunning turn of events, former Zimbabwean opposition MP Chalton Hwende, who infamously betrayed the struggle for democracy by siding with political impostor Sengezo Tshabangu and Emmerson Mnangagwa’s regime for financial gain, is now facing the bitter consequences of his actions. Hwende, who once sought refuge in Namibia, is now losing his property in a court-ordered auction, marking a dramatic fall from grace.
The development comes at a time when the girlfriend of the Tshabangu party’s chief publicist has been ordered by UK judges to return over USD25 million Qoki money which the fake-organisation duped investors claiming it was buying retirement homes for them.
According to a High Court of Namibia ruling, Hwende’s property—Erf 316 in Oshikango, Namibia—will be auctioned off to the highest bidder on February 19, 2024, at 10:00 AM. This follows a financial dispute in which Nedbank Namibia Limited successfully sued Hwende and his business entity, Tru-Tale Investments CC, leading to the forced sale of his assets.
The Cost of Betrayal
Hwende, once a key figure in Zimbabwe’s democratic movement, stunned the nation when he aligned himself with Tshabangu, a Mnangagwa-backed political actor accused of working to undermine the opposition. Many viewed his defection as a desperate attempt to secure financial benefits, yet the very wealth he sought has now crumbled, leaving him to face public humiliation.
Auction Details
• Property: Erf 316, Oshikango, Republic of Namibia
• Sale Method: “Voetstoots” (as-is) public auction
• Reserve Price:
• Minimum 75% of municipal value
• Market valuation applies if deemed a primary residence
• Interest Rate: 17.20% per annum, accruing 30 days after sale
This development serves as a stark reminder that ill-gotten gains do not last. Hwende’s fall from political prominence, and now financial stability, sends a clear message: those who sell out their people for personal gain will ultimately pay the price.
With this auction, the once-powerful politician is left to watch as his ambitions crumble—his betrayal of Zimbabwe yielding nothing but disgrace.
For more details on the legal proceedings and auction terms, consult the High Court of Namibia or the Office of the Deputy Sheriff in Oshikango.