Story by Theophilus Chuma
THE Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into real estate agents implicated in money laundering activities.
Anti-graft authorities are investigating agents alleged to be undertaking illegal activities to push large volumes of foreign currency across the country’s borders.
The shocking revelations came out at the second National Anti-Corruption Strategy Steering Committee convened in Harare this Thursday.
“We are investigating some disorder in the real estate sector. The money is being channelled via various trust accounts,” noted ZACC Chairperson, Justice Loice Matanda-Moyo.
The clock is ticking for those with dirty hands as Zimbabwe has roped in international organisations to flush out money launderers.
“We are currently working with a UK firm to stop money laundering,” said Financial Intelligence Unit Director General, Mr Oliver Chipereso.
The government has adopted a tough stance against corruption, under the National Anti-Corruption Strategy Steering Committee which brings together public and private sector leaders as well as legislators.
The overall objective is to ensure zero tolerance for corruption to improve the country’s rankings on the Corruption Perception Index (CPI).
