Friday, March 29, 2024

Zimbabwe: 5 arrested for cash and gold smuggling

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Isaac Kaledzi
Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.

Zimbabwe police have arrested five persons for attempting to smuggle $4m and 98kg of gold out of the country.

The money and gold were stashed in suitcases, local media reports.

Chronicle newspaper reports that police apprehended the suspects upon tip off about their operation.

Police spokesperson Paul Nyathi confirmed the arrests, saying the suspects were illegally dealing in gold.

They were arrested at the leafy Harare suburb of Borrowdale.

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Police have confiscated the cash and gold and have launched investigations into the incident.

Fighting corruption in Zimbabwe

Zimbabwe’s President, Emmerson Mnangagwa is making efforts to deal with corruption after taking over.

Last week Mnangagwa said his government has so far recovered $850m in stolen funds.

Mnangagwa during his swearing in as President last year issued an amnesty for state stolen funds to be returned.

Although the deadline expired in February this year, he extended the deadline to enable the state to recover more funds.

State-owned Herald newspaper reports that Mnangagwa revealed the latest recovery during discussions about fighting corruption at an African Union summit in Mauritania.

“Corruption networks are becoming more sophisticated, hence the need to enhance information sharing amongst member-states’ law enforcement agencies and related institutions on the continent and beyond,” Mr Mnagangwa is quoted as saying.

Zimbabwe recovers ‘$850m stolen funds’

The 75-year-old leader says his government had set up an anti-corruption court and passed an ethics law to help fight corruption.

Zimbabwe which is still largely under foreign sanctions and is struggling to mobilize funds to fix its ailing economy.

 

Source: Africafeeds.com

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