Mutsvangwa and his suspected accomplices – Ellis Majachani
and Simbarashe Tichingana – who were facing money laundering and illegal
dealing in foreign currency cases, filed an application for refusal of further
remand before magistrate Apollonia Marutya on Wednesday.
Through their lawyer Oliver Marwa, the trio argued that the
continuous postponement of their case was unjustified as the State had failed
to provide them with a speedy trial.
Two months ago, the State furnished the trio with a trial
date but later made a U-turn saying it now wanted the trio to be tried at the
High Court.
Magistrate Marutya ruled that the delay in the case was unreasonable and ordered the State to
proceed by way of summons when its house is in order.
The State was alleging that during the period extending
from January 1 2019 to May 8 this year, the trio formed Mumba Money Transfer
services without a licence in violation of the Bank Use Promotion and
Suppression of Money Laundering Act and Exchange Control Act.
They advertised on the internet directing clients to their
offices in Harare.
The trio allegedly employed a combination of electronic
funds transfers and physical cash for their unlawful transactions, leveraging
foreign bank accounts to obfuscate their activities.
The Police recovered four smartphones, 45 sim cards, four
computers, one Point Of Sale (POS) machine, 28 debit cards (including 15 VISA
cards issued by foreign banks), three money counters and a register of
transactions and US$3 890 cash. H Metro
0 comments:
Post a Comment