By Business Reporter| The Reserve Bank of Zimbabwe has instructed every bank in the country to freeze all accounts belonging to Sakunda, Access Finance, Spartan security and Croco Motors and related entities.
The development comes after the Emmerson Mnangagwa linked companies were exposed by the parliament portfolio for Public Accounts for allegedly being involved in massive looting of billions of dollars in the aftermath of the November 2017 coup.
Sakunda is part of the military Command Element’s parallel banking system which has swindled billions since the Robert Mugabe days.
Within 5 months of the November coup, over USD 5,9 billion was looted from the central bank without a paper trail.
Spartan security’s Chief Secretary is one of Mnangagwa’s sons, David.
The timing of the freezing syncs well with the upcoming United Nations general conference in New York Emmerson Mnangagwa is flying to.
A comment from the finance ministry and the reserve bank of Zimbabwe was fruitless at the time of writing.
Former Finance Minister and current chairman of the portfolio on the Public Accounts Parliamentary Committee, Tendai Biti made further revelations at a rally in Glen View last month.
He was speaking while curtain-raising for his boss, Nelson Chamisa. Said Biti, “Cde President these people steal.
“I sit in the Parliamentary portfolio for public accounts. I have never seen this kind of theft. Mnangagwa and his people there is somewhere where they actually go and beer is brewed for them, and they are told to go and steal lions. I have never seen this kind of theft.
“On the 27th December 2017 one month after the coup, USD2.7billion suddenly came direct from the ministry of finance; where it went is not known and there is neither a voucher for it, there is not a single statement for it.
” 3 months later, in March 2018, 3.2 billion dollars was siphoned from the ministry of finance, there is no voucher, there is no invoice, neither is there any paper trail, there is nothing you can put a finger to show where it went.
“The money has disappeared.
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“Cde President, we grew up being taught there is a thief called Mobutu Seseseko. ZANU PF has redefined Mobutu Seseism; if Mobutu was a thief, he was just a pastor. The Bishop, the ArchAngel is this one you call Mnangagwa here. These people steal.
“So Cde President, we have a duty to lead,” concluded Biti.
Meanwhile, banks have been ordered not to process any withdrawals although deposits and other transactions are allowed. The central bank indicated that the companies in question were under investigation. See full print:
