The President of Zimbabwe, Emmerson Mnangagwa on Tuesday announced that his government was offering a three-month amnesty for individuals and companies who have stashed stolen public funds abroad to return those funds.
The government in a statement said the amnesty for the return of these funds expires at the end of February next year.
The new President said the stashing of illegal public funds abroad are “malpractices” that “constitute a very serious economic crime against the people of Zimbabwe”.
“Huge sums of money and other assets” have been “illegally externalised by certain individuals and corporates,” Mnangagwa said in a statement.
The new president who has vowed to deal with corruption said “Those affected are thus encouraged to take advantage of the three-month moratorium to return the illegally externalised funds and assets in order to avoid the pain and ignominy of being visited by the long arm of the law.”
Emmerson Mnangagwa was sworn in as President last Friday taking over from his former boss and ally, Robert Mugabe who resigned after a military takeover.
Expectations are high among Zimbabweans for a change in the country’s fortunes with the beginning of a new era after Mr. Mugabe.
Source: Africafeeds.com
