The FIU froze the accounts of Ceribrian TIA Transervet, Powerspeed investment Private (Electrosales), Halsted Brothers and Enbee Store with immediate effect.

FIU director-general Tichafa Chigaba said:

“As we carry out further investigations on possible money laundering relating to the funds, you are directed to freeze the account with immediate effect and you shall not process any withdrawals or transfers from the accounts, unless with the specific approval of the Unit. You should, however, allow deposits or other flows into the account. You shall immediately report to the Unit any deposit or other inflow into the account as well as any attempted withdrawal or transaction from the account.”

“Please acknowledge receipt of this directive in writing confirming that you have frozen the account and confirming the account balance as at the date of freezing,”

This is not the first time that RBZ has accused companies of money laundering.

In 2021, the government introduced Statutory Instrument (SI) 127 of 2021 which seeks to regulate foreign currency exchanges.

SI 127 of 2021 prohibits business operators from charging above the official exchange rate and empowers authorities to punish those that refuse to take the Zimbabwe dollar for local transactions

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