Friday, November 22, 2024

Zimbabweans return $591 million stolen funds

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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.

The President of Zimbabwe Emmerson Mnangagwa has said that about $591 million in stolen public funds have been returned by Zimbabweans.

He said on Monday that these funds were stashed abroad illegally as he expects a further $827 million to be returned.

Two weeks ago Mnangagwa said that his government has been able to recover over $250 million state funds stolen by some public officials.

The Zimbabwean leader during his swearing in as President last year issued an amnesty for state stolen funds to be returned by the end of February this year, a deadline that has already expired.

In a message posted on his twitter page, President Mnangagwa said “with regards to the amnesty, I granted moratorium of 90 days, I am very thankful for the comments you are making on this issue. I would like to however explain that we have identified over a thousand cases.”

The Zimbabwean leader who promised to fight corruption and fix the country’s economy said these over thousand cases “require attention and we have so far processed a number of these cases.”

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

 

Source: Africafeeds.com

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