Mpambano wa uchaguzi 2010 utakuwa kiboko sana manake kila mtu ana chombo chake cha habari kila mtu ana waandishi wake wa habari nimeona pale chuo cha uandishi wa habari vijana wanaandaliwa tu kwa 2010 wao chadema wanakimbilia chuo cha uandishi pale mahakama ya ndizi
Rostam Aziz wants some cash
Africa Intelligence, France - Oct 24, 2008
The MP for Igunga and former treasurer of the Chama
cha Mapinduzi (CCM), Rostam Aziz, has become something
of a headache for some of the government partys ...
TANZANIA
Rostam Aziz wants some cash
Some of the regimes big shots suspect the former CCM
treasurer wants to sell his stake in Vodacom so that
he can have some ready cash to fight the 2010 general
election.
The MP for Igunga and former treasurer of the Chama
cha Mapinduzi (CCM), Rostam Aziz, has become something
of a headache for some of the government partys
heavyweights. The latter are concerned that he may be
selling off some of his stakes in certain major
companies in order to find the ready cash that he
could use to fund the campaigns of his own political
clique in the general election at the end of 2010.
Rostam Aziz had initially intended to obtain a $20
million loan from a foreign bank in Tanzania, jointly
with Peter Noni, the former director of banking
supervision of the Bank of Tanzania. They would have
used their stakes in Vodacom Tanzania Ltd as security
Aziz owns 19% via Caspian Construction Ltd and Noni
16% via Planetel Communications Ltd. But this would
not have met with the approval of the Tanzanian
authorities, as it could have led to a foreign bank
owning over 35% of a company listed on the Dar es
Salaam Stock Exchange, which is prohibited in
Tanzanian law. In the meantime, another of Azizs
companies, Mirambo Ltd, snapped up Caspians 19% and
Planetels 16% and so owns 35% of Vodacom. The upshot
is that some CCM members now take a distinctly
suspicious view of Aziz.
In February 2008, a report by an investigating
committee suspected him of being involved in the firm
Dowans Holdings which has a controversial gas-fired 35
MW power station project. This is the same committee
that had pushed Prime Minister Edward Lowassa to
resign. Aziz did not explain himself before
Parliament, but the committee did reveal that certain
executives of the firm Caspian Construction also
worked for Dowans.
the end.