Wednesday, 7 September 2011

UAE investor rejects Tanzania graft accusations | Reuters

A UAE businessman has denied allegations in a U.S. cable that he offered gifts to Tanzanian President Jakaya Kikwete as well as donating $1 million to the ruling party in exchange for investment deals in the east African country.

The managing director of Albwardy Investment, which is owned by Dubai-based investor Ali Albwardy, described the accusations published by WikiLeaks from a February 2006 U.S. cable as "monstrous and totally untrue".

"At no time has a bribe been either requested or given to President Kikwete by Mr. Ali Albwardy, the UAE owner of the Kilimanjaro hotel," Philip d'Abo said in a statement issued via the president's office in Tanzania on Wednesday.

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