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"ZACC Is Now Prioritising Revenue & Asset Recovery, Recovered $10M" - ZACC

4 years agoThu, 29 Aug 2019 01:15:33 GMT
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"ZACC Is Now Prioritising Revenue & Asset Recovery, Recovered $10M" - ZACC

Zimbabwe Anti-Corruption Commission (ZACC) has said that it is now prioritising revenue and asset recovery.

ZACC spokesperson, Mr John Makamure, said that the anti-graft commission had since recovered more than $10 million dollars from corrupt individuals since its establishment. Makamure said:

Zacc is now prioritising revenue and asset recovery. Those who have stolen Government revenue or misuse Government assets will be pursued, Zacc is keen to recover those assets. So far Zacc is pleased with its achievement in that regard. Since we came into office, Zacc has managed to recover over $10 million that has since been paid to Zimra, through Zacc’s efforts. So we want to intensify recovery. We need to intensify revenue recovery so that it aids economic recovery.

He also called upon Parliament to expedite the process of passing the Money Laundering and Proceeds of Crime Amendment Bill (2019) which is before the House.

Makamure said that revenue and asset recovery is essential to the country hence the need to have legislation backing it.

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The legislation gives ZIMRA, ZACC, and Police the powers to question about and confiscate unexplained wealth.

More: The Herald

 

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