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By A Correspondent- Augur Investments OU has set the record straight on claims by CCC VP Tendai Biti that the property company was fraudulent and had not complied with the country’ s company registration processes.
In a statement, the company said is important to highlight that the firm had complied with the laws of Zimbabwe and any regulatory processes were duly followed.
Said Augur Investments OU:
“It is important that Mr Biti is put to the strictest of proof to substantiate his baseless utterances.
It is untrue for anyone to allege that Augur Investments OU was not registered or licensed to operate in Zimbabwe. The Minister of Justice approved the registration of Augur Investment as a foreign company to operate in Zimbabwe as per Section 330 of the then Companies Act Chapter 24:14 and a certificate to that effect was issued in 2009 and 2012 respectively. Augur Investments is duly authorised to operate in Zimbabwe as evidenced by a Certificate of Registration as a Foreign Company issued by the Registrar of Companies on the 3rd of May 2010.”
We publish below the full text of the statement:
MATTER OF FACTS
Following the circulation of recent statements by Mr Biti concerning Augur Investments and its operations in Zimbabwe, we wish to set the record straight and correct any such ludicrous claims by Mr Biti.
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