Moratorium Expired, Mnangagwa Meets Mangudya On Way Forward
1 March 2018
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By Paul Nyathi

President Emmerson Mnangagwa’s three moratorium extended to Zimbabweans who externalised cash expired on Thursday to which the president is wasting no time attending to.

Mnangagwa will be meeting with Reserve Bank Governor Dr John Mangudya today to look at the progress of the moratorium.

In an interview with journalists at the Robert Mugabe International Airport in Harare soon after arrival from the Democratic Republic of Congo, President Mnangagwa said that he will announce the next course of action on those who failed to comply with the directive after his meeting with Mangudya.

“I will be having a meeting with the Governor of the Reserve Bank tomorrow to look at the progress that has been made and also the lack of progress that has been made then we make a decision after that meeting,” he said.

The president hinted that some people responded very well to the call but would not be drawn to state how much cash has been returned to the country.

“At the course of the period, I have looked twice, some patriotic comrades have repatriated their funds back, the list is too long, the figure will be announced when the final position is arrived at,” he said.

Addressing delegates during Zanu-PF extraordinary congress in Harare in December, the President said he had knowledge of those who had externalised funds.

“I didn’t say that without knowledge. I have a list of who took money out. So in March when the period expires, those who would not have heeded to my moratorium I will name them and shame them,” he said.

The President warned that those who fail to heed his call will be arrested and prosecuted.