Zimbabwean president gives looters 3 months to return stolen funds

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Emmerson-Mnangagwa

Zimbabwe’s new President Emmerson Mnangagwa has opened a three-month amnesty window for the return of public funds illegally stashed abroad by individuals and companies.

Mnangagwa in a statement said on Tuesday that upon the expiration of the amnesty at end of February 2018, the government will arrest and prosecute those who would have failed to comply.

Ousted Zimbabwe finance minister Ignatius Chombo, was on Monday charged with three counts of corruption in offences that allegedly took place two decades ago. He was denied bail on Monday and will be detained in custody until his case is heard on December 8.

Chombo, who faces charges including trying to defraud the central bank, was detained after the military seized power in “Operation Restore Legacy”, which it said was meant to remove “criminals” around former president Robert Mugabe.

His lawyer,…

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