According
to
a
recent
report
in
the
Zimbabwean
Newspaper, The
Herald, the
Anti-Corruption
Commission
of
Zimbabwe
has
decided
to
aggressively
tackle
corruption.
The
commission
aims
to
do
this
by
seizing
all
assets
acquired
corruptly
in
Zimbabwe
and
stashed
overseas
in
order
to
save
an
estimated
$
1.8
billion
lost
to
graft
annually.
As
criminals
get
more
clever,
law
enforcement
agencies
are
being
equipped
to
handle
any
new
developments,
the
National
Prosecuting
Authority
and
the
Zimbabwe
Anti-corruption
Commissioned
(ZACC)
assured.
Combined
efforts
from
such
agencies
including
the
ZACC,
the
Zimbabwe
Revenue
Authority,
the
police
force,
and
more
have
brought
about
the
recovery
of
$100
million
in
assets
believed
to
be
proceeds
of
looting.
The
Prosecutor-General,
for
the
International
Centre
for
Asset
Recovery
(ICAR),
Justice
Loice
Matanda
Moyo
assured
that
things
would
no
longer
go
smoothly
for
individuals
who
acquire
corrupt
wealth
and
hide
it
outside
the
country.
“As
Zimbabwe,
we
have
not
started
reparation
of
stolen
assets
which
are
hidden
outside
of
our
jurisdiction.
It’s
high
time
we
start
doing
so,” she
said.
She
then
went
on
to
add, “In
order
to
do
that
we
need
to
understand
mutual
legal
assistance
and
international
cooperation”
Zimbabwe’s
Prosecutor-General,
Justice
Loice
Matanda
Moyo,
and
ZACC
Chairperson
Michael
Reza
made
the
statement
at
a
capacity-building
session
on
financial
investigations
and
asset
recovery
conducted
by
the
International
Centre
for
Asset
Recovery
(ICAR).
“It
is
time
that
we
totally
eradicate
corruption
in
Zimbabwe
and
recover
the
stolen
assets.
As
a
result
of
these
illicit
flows,
governments
are
left
with
little
or
no
financial
resources
to
channel
towards
development
and
the
provision
of
basic
services
such
as
health
and
education,” Matanda
Moyo
said.