US Slaps Sanctions On Leading Zimbabwe Businessman

US slaps sanctions on leading Zimbabwe businessman
Leading Zimbabwean businessman Kudakwashe Tagwirei, seen on a July 2018 visit to South Africa, has been hit by sanctions by the United States
Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print

The United States on Wednesday imposed sanctions on one of Zimbabwe’s top businessmen and political operators, accusing him of abetting corruption that plagues the nation.

The move against Kudakwashe Tagwirei comes days after Zimbabwe thwarted protests called by a small opposition party over graft and a slumping economy.

Calling Tagwirei “notoriously corrupt,” Secretary of State Mike Pompeo said the United States wants “a stable and democratic Zimbabwe.”

Read Also: Zimbabwe Nixes Coup Rumours

“Our actions today demonstrate to the government and people of Zimbabwe that the United States does not tolerate public corruption and will promote accountability for perpetrators of public corruption,” he said.

Tagwirei’s company, Sakunda Holdings, has managed a farm subsidy for the government and failed to account for $3 billion, according to a parliamentary audit.

His fortunes have kept rising since President Emmerson Mnangagwa took over in 2017 following the ouster of longtime ruler Robert Mugabe.

Under the sanctions, Washington will freeze any assets Tagwirei has in the United States and bar any US transactions with him.

Pompeo said that the United States was issuing the sanctions Wednesday to commemorate the two-year anniversary of soldiers’ suppression of protests over elections seen as fraudulent. At least six people died.

Activists say that Mnangagwa has launched a new, broad crackdown on dissent, arresting dozens of people to thwart protests.

A ruling party leader last month described the US ambassador as a “thug” for voicing support for free expression, leading Washington to summon Zimbabwe’s ambassador to protest.

 

AFP

Share on whatsapp
WhatsApp
Share on facebook
Facebook
Share on twitter
Twitter
Share on telegram
Telegram
Share on linkedin
LinkedIn
Share on print
Print