Zimbabwe Anti-Corruption Commission (ZACC) recovers assets worth 25Million USD Since January

From January to August 2022, the Zimbabwe Anti-Corruption Commission (ZACC) recovered assets worth more than US$25 million through its asset recovery and forfeiture arm.

Houses, residential stands, and automobiles were among the assets confiscated by the anti-corruption commission. Cash recovery is also anticipated.

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According to ZACC spokesperson Commissioner John Makamure, the commission has now moved its emphasis to high-profile cases for investigation.

ZACC has recovered assets worth more than US$25 million from January to date through its asset recovery and forfeiture unit. We have exceeded recovering assets worth US$25million. We are focusing on high-profile cases.

Once assets have been seized we hand over the investigation docket to the National Prosecuting Authority which has the mandate to make an application to the High Court for the forfeiture of the assets. Forfeited assets are managed by the Asset Management Unit housed at the Reserve Bank of Zimbabwe. Cash is remitted to Treasury.

John Makamure

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Makamure went on to say that ZACC also depends on Auditor General reports and whistleblowers to track down corruption cases.

According to the Chronicle, over 40 high-profile cases with full investigations are still waiting in court.

ZACC recently confiscated 22 haulage trucks and two luxury cars belonging to ZANU PF’s Gokwe-Nembudziya Member of Parliament, Justice Mayor Wadyajena, on suspicion of being obtained via corrupt means.

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Wadyajena and his associates, Cottco managing director Pious Manamike, marketing manager Maxmore Njanji, Fortunate Molai, also of Cottco, and Chiedza Danha, director for Pierpont Moncroix Mauritius, were detained by Zacc two weeks ago on suspicion of fraud involving US$5.8 million.

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