Police have cleared businessman Mr Frank Buyanga and his companies of criminal charges they have been investigating over the past few years.
According to police, there was nothing illegal or criminal in the manner that Buyanga and his companies were conducting business in the country.
Mr Buyanga was once accused of conning people of their properties.
In an affidavit deposed at the High Court on January 6 this year, Police Chief Inspector Joseph Chikandiwa based at Harare Central Police Station said they were no longer investigating Buyanga and his companies.
“I wish for the Honourable Court to know that whereas criminal investigations had been ongoing and pending cases against Frank Buyanga and his companies, however, such criminal investigations have since been dropped against Frank Buyanga and all his companies.
“There was nothing illegal and or criminal in the affairs and business charges to answer and we are no longer investigating him,” he said.
For the past few years there were reports that Mr Buyanga was being investigated for fraud, theft, forgery, money laundering and other related offences.
The International Police (Interpol) had also gazetted his name as a wanted person but he has since been removed from the list.
In October last year, the millionaire property investor Mr Buyanga was reportedly in talks to buy Cell Funeral Assurance Company, the acquisition of which would see Buyanga (34) expand his business portfolio beyond property, insurance and micro-financing.
He has investment footprints in several countries including the United Kingdom, South Africa, Zambia and Zimbabwe.
The maverick entrepreneur, famed for his lavish lifestyle and top-of-the-range cars, was aiming to eat into the funeral services market currently dominated by Doves and Nyaradzo Group. The Herald