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ZIMRA seizes $80,000 from businessman at RG Mugabe Airport

HARARE

Customs
officials
seized
US$80,000
in
cash
from
a
businessman
at
Robert
Gabriel
Mugabe
International
Airport
moments
before
he
boarded
a
flight
to
Tanzania.

Victor
Magigwana,
32,
was
released
on
US$300
bail
by
Harare
regional
magistrate
Jesse
Kufa
on
Monday
after
being
charged
under
the
Exchange
Control
Act
for
failing
to
declare
the
money.

Travellers
leaving
Zimbabwe
with
more
than
US$2,000
are
required
to
obtain
approval
from
the
Reserve
Bank
of
Zimbabwe
(RBZ),
which
Magigwana
did
not
have,
the
National
Prosecuting
Authority
said.

Prosecutor
Rufaro
Chonzi
told
the
court
that
on
March
14,
detectives
from
the
CID
Commercial
Crime
Division
in
Harare
received
a
tip-off
that
Magigwana
was
planning
to
smuggle
cash
out
of
the
country
through
the
airport.

Airport
security
was
alerted,
and
Magigwana
was
placed
under
surveillance
from
the
moment
he
arrived.

After
clearing
security
without
declaring
the
cash,
he
was
intercepted
just
before
boarding
a
Tanzania
Airlines
flight.

The
Zimbabwe
Revenue
Authority
seized
the
US$80,000
and
returned
US$2,000,
the
maximum
amount
permitted
for
export
without
prior
approval.