Former President Auctions Off Cars, Other Properties As He Plunge Into Financial Crisis (photo)

Zimbabwe’s former President Robert Mugabe is auctioning off five combine harvesters and other farm equipment.

An advert by a local auction firm announced plans to sell off at least 40 of his vehicles, including a luxury car and five Toyota Hilux pick-up trucks and according to media reports in Zimbabwe, the sale could sign that his family’s business empire – including 21 farms – could be in financial trouble.

The advert by Ruby Auctions says the vehicles will be sold in a public auction on the family’s Gushungo Dairy Farm on Saturday morning. The farm is on a sprawling estate which includes a mansion.

The Mugabe family took over the land when it was seized from its white owners under controversial land reforms. In 2015 Grace Mugabe forcefully evicted local villagers who had moved on to parts of the farm.

According to report, details still sketchy why the family was auctioning the items but its business empire built up during Mr Mugabe’s 37 years in power, has been facing lawsuits on unpaid debts.

Horse trucks, tractors, motor cycles and disc harrows are listed to be sold.

In April Mr Mugabe, 95, was in Singapore for medical treatment and was expected back home mid-May, AFP news agency quotes President Emmerson Mnangagwa as saying.