Advisory note to Farai Rwodzi,Interfin Bank Directors and Shareholders

FARAI RWODZIThe Board of Directors
Interfin Holdings Limited
15th Floor, NSSA Building
Cnr Sam Nujoma St/Julius Nyerere Way
10 September 2010

Attention: Mr. R. Njanike
Dear Gentlemen and Ladies,


Previous communication in the above matter refers.In particular my letter dated 3 November 2009

It has been brought to my attention that Mr, Farai Rwodzi, the chairman of Interfin Holdings limited, claims to have paid the sum of USD5,3 million last month to Mr. Gilbert Muponda allegedly for the equity held by Mr. Muponda in Century Bank/CFX Financial Services Limited. I categorically deny that I was paid the sum of USD5,3 million nor any amount at all by your company.

Interfin owes me US $ 15.4 million. (Please refer to page 11 of the Newsday newspaper edition of Thursday August 26, 2010). The website link is here “The company last month paid Gilbert Muponda $5,3 million for equity allegedly transferred to the acquirer irregularly during the merger, but is still to reach common ground with former CFX employees, who have sued over wage arrears and severance packages.” This is not true or correct.

Interfin Holdings in fact owes more than the US$ 5.3 million which Mr Rwodzi claims to have paid .The exact amount which is outstanding is US $ 15,450,000.00 ( Fifteen million Four hundred and fifty thousand dollars) .This is made up of 309 million shares multiplied by the value of each share which was $ 0.05 ( 5 us cents per share).This amount of US $ 15.45 million remains outstanding and due to me and ENG Capital.

This is a well documented case of 309 million shares I owned in Century Bank were fraudulently ,corruptly ,illegally and irregularly converted into CFX Bank then into Interfin Banking Corporation. An attempt was made to sell and transfer the same 309 million shares on or about 4 May 2004.

As rightful and legal owner through ENG Capital major shareholder and contributory I approached the high court objecting to the transfer of the 309 million shares action which automatically nullifies trading in those shares until the matter is ruled on. This matter is still before the High Court in Harare. My lawyers Gutu and Chikowero Attorneys at Law will furnish you with a complete document package .

Interfin Holdings has 2 options in the matter.
1 - First option is to pay the US $ 15.45 million or make a serious cash offer and close the matter.That is 309 million shares at 5 cents each.

2 – The second option is to issue 309 million shares in Interfin Holdings to me and ENG Capital.At that point Interfin becomes an ENG Capital subsidiary since ENG will be the majority shareholder.

My intentions are to recapture my shares in Century / CFX Bank or to amicably compel Mr Rwodzi to pay me for my 309 million shares in Century/CFX Bank, which he has converted to Interfin Bank. Failure to which I shall have no choice but bring to bear on Mr Rwodzi ,Interfin Bank Zimbabwe and all other associated business entities all forensic accountants, attorneys, investigative journalists, regulators, domestic and international law enforcers.

We await your urgent response to this serious matter.


Gilbert Muponda - 1-647-994-5542

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