Emmanuel Ole Naiko of the Tanzanian Invesment Centre , 'The Silverdale Farm case makes me sick to my stomach'.

THE SILVERDALE CASE MAKES ME SICK TO MY STOMACH

Tanzania Investment Centre's executive director, Emmanuel Ole Naiko

Tanzania`s 2010 FDI to increase by 16 per cent
Govt plans reforms to improve investment climate

24th July 2010

Tanzania Investment Centre's executive director, Emmanuel Ole Naiko states, the Tanzanian government was implementing investment reforms to woo foreign capital. "There are major reforms underway to improve the investment climate in Tanzania. The government is taking this matter very seriously," he said.

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In 2006 the Tanzanian investment centre sent a probe committee to Silverdale Farm to examine the ownership of the lease amidst claims from Benjamin Mengi that he was the lawful owner despite having sold the lease in 2004. The Tanzanian Investment centre concluded that Mengi had sold the lease and that British Investors Stewart Middleton and Sarah Hermitage (Silverdale Tanzania Ltd) were the lawful owners and that Mengi was engaging in corruption in order to frustrate their ownership.

Tanzania Investment Centre's executive director, Emmanuel Ole Naiko stated to the British government that the Silverdale Farm case made him sick to his stomach and he could not understand why nothing was being done to protect their investment.

Well if you don't know Mr. Ole Naiko, what does that say about the safety of FDI in Tanzania?

Despite TICs findings, that the British investors were the lawful owners of the lease to the farms IPP Media accused them of criminality in the following article published in the Guardian and Nipashe Newspapers

Which prompted the following response from the British government