Moyo, Kasukuwere bank accounts frozen

Jonathan Moyo

Jonathan Moyo

Tendai Mugabe Senior Reporter
Government has frozen bank accounts of former Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo and his former Local Government, Public Works and National Housing counterpart Mr Saviour Kasukuwere, pending investigations in their business activities.

The two were identified as members of the G40 cabal that had surrounded former President, Cde Robert Mugabe, taking advantage of his advanced age to engage in criminal activities.

The pair skipped the country’s borders when the Zimbabwe Defence Forces launched Operation Restore Legacy and their whereabouts are still unknown.

Home Affairs and Culture Minister Dr Obert Mpofu confirmed the freezing of the bank accounts last night, but referred further questions to the Reserve Bank of Zimbabwe.

Mr Kasukuwere

Mr Kasukuwere

“Yes, the Reserve Bank has put adverts regarding to that and you can contact them for more details,” he said.

In an advertisement to all financial institutions, the RBZ said: “You are directed to identify and immediately freeze all accounts in the name of the above named individuals and any accounts in which the said individuals are directors or have a known beneficial interest.

“You are further directed to submit, in writing, a written to the Unit, by no later than the 8th of December, 2017, listing and giving particulars (including balances) of all the accounts that you would have identified and frozen in terms of this directive. Where you have not identified any relevant account, you shall nevertheless submit nil return.

“The effect of the freeze is that, (except any inflows into the account, which shall be processed normally and immediately notified to the Unit) no other transaction shall be processed from a frozen account, until further the Unit directs otherwise.”

Efforts to get a comment from RBZ Governor Dr John Mangudya were fruitless last night as his mobile phone went unanswered.

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  • Jemedzo

    I think the net should not target these two only but every person who holds a senior position in government and let them account for all the assets they have and how they acquired them. I once worked in a financial institution and in the 1990s there was a spree of junior staff being dismissed for overdrawing their accounts without authority to some unprecedented levels. The team in Audit department came up with a suggestion that all staff accounts be printed at a particular date for audit.
    The director of Audit agreed and we got the greatest shock of the time. Most managers and Directors accounts were overdrawn without authority and some were over their authorized limits threefold.
    What I am saying here is that when there is indiscipline and no one in authority is taking action the indiscipline is actually rampant among the top leaders.
    Why is it that we the povo suffer so much at the hands of the floor staff and yet no disciplinary action is taken? Are there no supervisors and managers anymore? Is it not that these junior staff are just carrying out the bosses instructions.

    I wanted to apply for a license to buy minerals and I went to the Ministry’s office in Kadoma and I was told some very long frustrating process so much that I just walked out and decided to forget about it. Surprisingly, when I was about to drive off the same officer knocked on my car window and I asked if I could help but instead he said he could help me get the license provided I shared the profits with him. I just laughed and drove off because I have never paid a bribe to anyone let alone share my profits with anyone who has nothing to do with my business.

    Anyone who asks for a bribe from me annoys me because he/she is telling me that I am so stupid that I do all the donkey work and they just enjoy the benefits.
    So I still say the issue about accounts should cover everyone in senior positions in government.

  • MADE IN ZIMBABWE

    Asukwa achena kashukuvire

  • eliah

    Incomplete information ,how much was in those accounts and these are Bond accounts and you can make noise about freezing accounts with zero balances??

    • mpengo

      Can you even read, let alone understand?

  • shumbasamaita

    Kasukuwere & Moyo have their issues but I believe its prudent and confidence building if this exercise is cast wider and people who engage in corrupt activities are exposed & punished in line with the law. The RBZ should do more awareness to highlight that activities such money-laundering can cause irreparable harm to our economy & can be used for insurgency purposes to destabilize the country. It is actually dereliction of duty by RBZ and other arms of government who are supposed to curb such undesirable and criminal activities. It is my view that more transparency is adopted and exhibited for the public to gain confidence with our governance systems. Its a no brainer that corruption has become endemic in our society and a thorough an non-selective approach to remedial should be implemented without fear or favour. The should be cast wider and your reporting Mr Editor should also uncover more areas of corruption in private and public sector.

    • simba

      very true they are not the only ones….a prudent government should not even protect them regardless of political affiliation they should account for their wealth…esp those diamonds!!

    • Haranga

      Johnso and Tyson mafikizolo muZanu Pf and mafikizolo pacorruption as well. freeze accounts of the veterans then we know the government is serious

  • Yowe zvangu

    target their houses now..those expensive mansions should be taken..isu hatitorina pekuti tasvika Hre torara pai..let those houses be our lodges with very cheap prices timorarawomoo

  • Bush

    So far this operation looks like faction targeting and score-settling, it’s not about justice or rooting out corruption. Over the past 20 years, most people in ZanuPF irrespective of faction were engaging in corruption e.g. the looting of Marange diamonds, looting of PSMAS Medical Aid scheme by Cuthbert Dube and other gvt officials.

    You can arrest 2 people, but it doesn’t solve the 99% corruption that is going on in the country. We all know Zimbabwe is corrupt from the top to the bottom. Also, the government can arrest, but if we are to respect the rights of individuals like what they do in democratic countries, the courts should have the final say. Fraud cases usually take years to deal with, they can’t be solved overnight.