25/11/2017 08:29 SAST | Updated 25/11/2017 08:29 SAST

Robert Mugabe Gets R140m Golden Handshake, Full Salary And Benefits

The former Zimbabwean president won't have to queue for pension money, it seems.

Former president of Zimbabwe, Robert Mugabe.
Philimon Bulawayo / Reuters
Former president of Zimbabwe, Robert Mugabe.

Harare – Zimbabwe's former president Robert Mugabe, 93, was reportedly offered a $10-million (R140-million) lump-sum payment, full monthly salary, medial cover, security as well as protection of his private properties, as part of a deal that led to his resignation.

According to News24, reports indicated this week that the nonagenarian was also granted immunity from prosecution after his resignation as the leader of Zimbabwe on Tuesday.

According to The Independent, negotiators managed to strike a deal with the country's army generals to enable Mugabe not to go into exile but rather enjoy his retirement in Zimbabwe with all his benefits.

"Government will give him $5 million lump-sum and then the remainder to be paid out in instalments," the report quoted a source as saying.

"Mugabe will also enjoy full medical cover as well as his full monthly salary. In the event of his death, his wife will be given half salary per month."

Zimbabweans witnessed the inauguration of their new president Emmerson Mnanagagwa on Friday after Mugabe's 37 years in power.

The 75-year-old's first speech as leader reached out to the nation at large, pledging "democratic" elections next year.

Mnangagwa also made friendly gestures toward the international community as he seeks to revive a collapsed economy after years of sanctions and corruption.