Mugabe threatens to seize UK firms in Zimbabwe
March 3rd, 2011 - 5:52 pm ICT by ANIHarare (Zimbabwe), Mar.3 (ANI): President Robert Mugabe has threatened to seize British businesses in retaliation for Western economic sanctions targeting him and his supporters over alleged human rights abuses in Zimbabwe.
Mugabe made special mention on Wednesday of UK-controlled banks and firms, saying British interests controlled 400 businesses in the former British colony.
“It is time now to take action and to start looking at these companies we must take over,” the Daily Express quoted Mugabe, as telling a rally in Harare at the start of a campaign to gather two million signatures for a national petition to take over the businesses.
He accused Barclays and the Standard Chartered banks of taking money out of Zimbabwe’s economy and using it to support a British banking freeze against Zimbabwean leaders.
He said British firms and European and American interests also took out profits on mining and other ventures.
“We say no to that,” Mugabe said.
He also demanded executives of foreign-owned companies condemn the sanctions placed by their governments. (ANI)
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