The value of ill-gotten assests seized and forfeited to the national treasury by the Second Republic is now over US$30 million, as legal proceedings are underway to forfeit expensive vehicles – a Lamborghini and a Rolls Royce – belonging to late socialite and businessman, Genius “Ginimbi” Kadungure.
Zimbabwe is on a crusade to fight corruption, which had become a cancer to the economy. Gaps in tracking and prosecution of cases involving graft have created leverage for offenders, amid revelations that several cases are still under investigation as authorities battle to bring culprits to book.
Treasury, the National Prosecuting Authority (NPA) and other anti-graft partners are now applying robust measures from seizures to making applications for forfeiture of ill-gotten wealth, including vehicles used to commit crimes.
The anti-corruption authorities estimate that billions of United States dollars could be siphoned out of the country annually.
Assets worth over US$30 million dollars have so far been recovered spreading over immovable properties and luxury vehicles linked to top business executives and high-profile individuals, Prosecutor-General Kumbirai Hodzi has said.
Speaking on the sidelines of the launch of the National Development Strategy 1 Strategic Plan Review and crafting of the secretary’s contract for 2022 in Gweru on Monday, Mr Hodzi said Government was leaving no stone unturned in fighting graft.