{"id":57031,"date":"2024-10-04T17:11:58","date_gmt":"2024-10-04T17:11:58","guid":{"rendered":"https:\/\/www.africa-press.net\/eswatini\/all-news\/mbabane-east-mp-welcome-dlamini-meets-controversial-investor-mobeen-meldi-to-push-corrupt-biscuits-factory-dealdenies-instruction-came-from-prime-minister"},"modified":"2024-10-04T17:31:49","modified_gmt":"2024-10-04T17:31:49","slug":"mbabane-east-mp-welcome-dlamini-meets-controversial-investor-mobeen-meldi-to-push-corrupt-biscuits-factory-dealdenies-instruction-came-from-prime-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eswatini\/all-news\/mbabane-east-mp-welcome-dlamini-meets-controversial-investor-mobeen-meldi-to-push-corrupt-biscuits-factory-dealdenies-instruction-came-from-prime-minister","title":{"rendered":"Mbabane East MP Welcome Dlamini Meets Controversial Investor Mobeen Meldi to Push Corrupt Biscuits Factory Deal,Denies Instruction Came from Prime Minister"},"content":{"rendered":"

Africa-Press – Eswatini. <\/strong><\/span>Photographic evidence leaked exposes how Welcome Dlamini, the Mbabane East Member of Parliament(MP) visited Mobeen Meldi,the controversial investor whose proposal Investment Authority on the grounds that Mobeen \u201chas no financial capacity and credibility\u201d to invest in the country.<\/p>\n

It has been disclosed that, Mobeen Meldi arrived in the country and misrepresented to the Investment Authority that,he had the financial muscle to establish a biscuits factory but after the necessary due diligence and\/or vetting, the institution tasked with promoting investments concluded that, the investor was not credible with no financial capacity to establish the said factory.<\/p>\n

It was then that, Mobeen Meldi rushed to Commerce,Industry and Trade Minister urging him to influence the Investment Authority to award him a license and other necessary documentation to establish the factory.<\/p>\n

But the Minister, acting on advice from the Eswatini Investment Promotion Authority dismissed the controversial investor\u2019s proposal on the grounds that,he was a high risk with no financial capacity or capability to invest.<\/p>\n

Mobeen Meldi is alleged to have escaped from other countries where he arrived pretending to an investor, he then secure loans and subsequently disappear.<\/p>\n

Now,fresh evidence has emerged suggesting that, after holding a secret meeting with t Prime Minister(PM) Russell Mmiso Dlamini on or around the 14th August 2024,a week later,the controversial investor met Mbabane East MP Welcome Dlamini.<\/p>\n

An independent investigation uncovered that, after meeting the controversial investor,Prime Minister Russell Dlamini who was allegedly promised a bribe,suggested that,he will engage an MP who will raise the matter in Parliament and soon thereafter,the PM will then push it in Cabinet as if he was merely implementing a Parliament resolution.<\/p>\n

But MP Welcome Dlamini, when clarifying the matter,denied that the meeting came as per an instruction from the Prime Minister but, he was within his duties when meeting the investor.<\/p>\n

\u201cHi Nkhosi.I\\’ve never spoken with the PM about Mobeen.I only spoke to him after he had approached me and other MPs about his situation, which had appeared in the newspapers and the Ministet had reported to the Portfolio Committee. There was never any instruction from the PM to me about Mobeen\u201d, said the Mbabane East MP.<\/p>\n

Mobeen Meldi the controversial investor and the PM had not responded at the time of compiling this report.<\/p>\n

On another note, the investor was once quoted by an online platform known as \u201cThe Free Library\u201d pleading with banks in Europe to support his business, that was in 2009.<\/p>\n

\u201cMr Mehdi says a funding injection is now vital to secure the future of the business and meet its financial commitments to Zetar.He said: \u201cI need the extra funding but I believe I will get it.\u201dI\\’m a trier. The potential is there, our product range and business model is right.\u201dHe plans to expand the business after winning work from contract manufacturing and private label customers-he is in discussions with a UK supermarket-and growing BSC\\’s range of own-branded products.He expects to grow staff numbers at the Middlesbrough factory by 50% from 100 to 150.Mr Mehdi urged banks to start lending to businesses with good growth potential after having funding requests turned down by mainstream banks,\u201d reads an article from The Free Library.<\/p>\n

But over fifteen(15) years later, the controversial investor is alleged to be seeking funding even in eSwatini to establish the same biscuits factory.<\/p>\n

For More News And Analysis About Eswatini Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eswatini. Photographic evidence leaked exposes how Welcome Dlamini, the Mbabane East Member of Parliament(MP) visited Mobeen Meldi,the controversial investor whose proposal Investment Authority on the grounds that Mobeen \u201chas no financial capacity and credibility\u201d to invest in the country. It has been disclosed that, Mobeen Meldi arrived in the country and misrepresented to […]<\/p>\n","protected":false},"author":84,"featured_media":57030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[249],"class_list":["post-57031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-eswatini"],"yoast_head":"\nMbabane East MP Welcome Dlamini Meets Controversial Investor Mobeen Meldi to Push Corrupt Biscuits Factory Deal,Denies Instruction Came from Prime Minister - Eswatini<\/title>\n<meta name=\"description\" content=\"Photographic evidence leaked exposes how Welcome Dlamini, the Mbabane East Member of Parliament(MP) visited Mobeen Meldi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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