President Mnangagwa Gives Looters 3 Months Ultimatum To Return Stolen Funds

Zimbabwe’s new president, Emmerson Mnangagwa has given looters a three-month ultimatum to return funds stolen out of the country by individuals and corporations.

He gave the ultimatum in a statement on Tuesday, warning that the government will arrest and prosecute those who fail to comply at the end of February 2018.

Mnangagwa promised that if the funds are returned before the expiration of the ultimatum, no questions will be asked and no charges preferred against them.

The statement reads, “The government of Zimbabwe is gazetting a three-month moratorium within which those involved in the malpractice can bring back the funds and assets, with no questions being asked or charges preferred against them.

“The amnesty period will run from December 1.

“Upon expiry of the three-month window, the government will proceed to effect arrest of all those who would not have complied with this directive and will ensure that they are prosecuted in terms of the country’s laws.

“The military operation which saw tanks rolling down the street and culminated in Mugabe’s resignation, helped unearth cases where huge sums of money and other assets were illegally externalised by certain individuals and corporate bodies.”