10 suspected illegal foreign currency dealers nabbed in Harare last month have been denied bail, amid fears they will abscond trial, with the presiding magistrate saying the accused have a case to answer.
The Harare Magistrates Court noted that the suspects are
economic saboteurs who are undermining the government and Central Bank's
efforts to stabilise the economy.
The co-accused are part of a group of 65 illegal forex
dealers who were arrested during a blitz by the RBZ's Financial Intelligence
Unit.
The other suspects are still in custody waiting for their
bail ruling.
They are being charged with contravening the Exchange
Control Act. zbc
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