By Fungai Jachi
FOUR-TEEN suspected illegal foreign currency dealers including four company directors appeared in court this Monday facing charges of money laundering.
The accused include a director of a local company, Dream High Investments Pvt Ltd Tinashe Magada aged 33, Titanium Capital Pvt Ltd Director Tatenda Musonza (42), Juso Global Private Ltd CEO, Justice Mahuni (age?) and Access Finance Managing Director Raymond Sigogwana (age?) and their accomplices.
They are facing charges of contravening the Exchange Control Regulations Statutory Instrument of the Exchange Control Act for illegally dealing in foreign currency.
The suspects allegedly used their companies in illicit foreign currency dealings which prejudiced the state of millions of Zimbabwe dollars.
The suspects who appeared in separate courts had their matters rolled over to Tuesday for bail hearing.