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Mutsvangwa's Son In Ilegal Foreign Currency Deals

4 years agoSat, 01 Jun 2019 05:28:44 GMT
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Mutsvangwa's Son In Ilegal Foreign Currency Deals

A son to Information minister Monica Mutsvangwa and former adviser to the President, Christopher Mutsvangwa is alleged to be running an illegal currency dealership involving hundreds of thousands of United States dollars.

Neville Mutsvangwa reportedly lost US$200 000 which was confiscated by police officers.

The officers allegedly robbed a money changer in the avenues area US$11 000 despite receiving a US$3 000 bribe to release US$200 000 they had confiscated earlier.

It turned out that the money belonged to Mutsvangwa and his associates.

Midlands senator Lillian Timveous (MDC Alliance) demanded that Finance Minister Mthuli Ncube explain what the government was doing to stop the illegal activities. She said:

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We have been following the news and Mutsvangwa’s son was caught with over US$200 000, (in a case where) he is allegedly dealing in illegal foreign currency business.

When the police apprehended him, he was found with US$200 000 and what is the Minister of Finance going to do to stop such illegal activities?

In his response, Ncube said that he could not comment over an issue that is before the police. Said Ncube:

The issue is before the police, which really means they are dealing with it. In a sense, the Minister of Finance has no role because the law enforcement agents have already started their process and they are dealing with the matter.

Obviously, we will also watch the space to see how that is concluded. The police are doing their job.

Meanwhile, the five police officers involved in the raid have since been arrested and appeared before a Harare magistrate.

They are currently out on $100 bail each.

More: Newsday

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