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Mugabe to get $10 million for resignation
10:41, 26 November 2017
Mugabe to get $10 million for resignation

The ex-President of Zimbabwe is also to receive $150.000 salary until his death

10:41, 26 November 2017

AFP

After the military coup in Zimbabwe and President Mugabe’s resignation, he is to receive a lucrative payoff for giving up on the power over the country, according to The Guardian.

 The exact sums to be paid to the former president and his wife Grace are still unclear, though one senior ruling party official with direct knowledge of the agreement said the total would not be less than $10m.

The official said that Mugabe, who has been granted immunity from prosecution and a guarantee that no action will be taken against his family’s extensive business interests, would receive a “cash payment of $5m” immediately, with more paid in coming months.

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As we reported earlier, Zimbabwe's "military has seized state TV and blocked off access to government offices in the capital Harare. In a televised address early on Wednesday morning, military spokesperson, Major General SB Moyo, said the army was seeking to "pacify a degenerating, social, and economic situation" in the country. "There’s information that the President’s wife Grace Mugabe might have fled the country after the military takeover started.

Mugabe made his first public appearance after the takeover on Friday, Nov. 17. Then on Nov. 19, thousands of people gathered in Harare to demand the president’s resignation, which he reluctantly agreed to.

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