Mnangagwa To Name Externalisers On Monday

Addressing Zanu-PF supporters at a rally held at Lortondale Primary School in Bubi, Matabeleland North, President Emmerson Mnangagwa said he will publish the names of those who defied his order to bring back money they externalised. He said at least $300 million out of the $1,3 billion has been returned ahead of the March 19 deadline.

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Mnangagwa said his administration is still negotiating with those that brought properties outside Zimbabwe on how they can bring back the money they used to purchase the properties. Said Mnangagwa:

Those who had taken money out of the country, those who bought properties outside the country, I said they must bring the funds back. I gave them three months. We have 1 166 cases of externalisation, now we have three categories, one category has brought in the cash. We thank them, we won’t publish their names.  They have brought in nearly $300 million. Then second category, we are negotiating on how they will bring back the money tied on properties or securities outside the country, we are still working out how they will bring back the money and those too we won’t publish their names. The money is in the range of $680 million. We are discussing on a case by case basis how those funds can be repatriated. There are those who have remained quiet, we are saying come and talk to us and we agree on how they should return the money but they remain quiet. On the 19th of this month we will expose those ones and the amounts they externalised, we have their names on our files. This is part of my last warning to those who have externalised, big or small, the law levies everybody.

More: Chronicle

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