Connect with us

Hi, what are you looking for?

Zimbabwe News

US slaps sanctions on President Mnangagwa’s son

Emmerson Mnangagwa

The US on Monday imposed sanctions on the son of Zimbabwean President Emmerson Mnangagwa, several other Zimbabweans and two entities as part of Washington’s efforts to address corruption.

The move comes the day before the start of the US-Africa leaders summit in Washington when US President Joe Biden will meet presidents of African countries.

The US Treasury said Monday’s move imposed sanctions on four Zimbabweans and two entities it accused of being tied to businessman Kudakwashe Tagwirei, who was designated by Washington in 2020 for providing support to the leadership of Zimbabwe.

The Treasury has accused Tagwirei of using his relationship with Zimbabwe officials to gain state contracts and receive favoured access to hard currency, including US dollars, and in turn has provided items, including expensive cars, to senior officials.

“Since former Zimbabwe president Robert Mugabe’s 2017 departure, Tagwirei used a combination of opaque business dealings and his ongoing relationship with Mnangagwa to grow his business empire and rake in millions of US dollars,” the Treasury said.

Washington on Monday said Emmerson Mnangagwa, Jr, the president’s son, has been in charge of the president’s business interests related to Tagwirei.

The president is also under US sanctions.

Also hit with sanctions were Sandra Mpunga, Nqobile Magwizi, Fossil Agro, Fossil Contracting and Obey Chimuka for their ties to Tagwirei and his company Sakunda Holdings.

Zimbabwe’s embassy in Washington did not immediately respond to a request for comment.

“We urge the Zimbabwean government to take meaningful steps to create a peaceful, prosperous and politically vibrant Zimbabwe, and to address the root causes of many of Zimbabwe’s ills: corrupt elites and their abuse of the country’s institutions for their personal benefit,” the Treasury’s under secretary for terrorism and financial intelligence Brian Nelson said.

Monday’s move freezes US assets of those designated and bars Americans from dealing with them.

Top Posts

Zim Celebs

In a celebration of enduring love and commitment, Phillip Chiyangwa, the prominent Zimbabwean businessman and politician, has wed his partner Sarah Frankis after over...

Zim Celebs

Zimbabwean entrepreneur and comedian Madam Boss is set to make waves at the 2024 BET Awards, representing her nation on the international stage. Born...

Mzansi Stars

Toya Delazy expressed regret over her collaboration with Cassper Nyovest on the song “My City,” a favorite among some of her fans. Nyovest had...

Zim Celebs

Gamuchirai Nemukuyu, the former wife of DJ Fantan, has accused the music producer of neglecting his parental responsibilities towards their children. She claims that...

Copyright © 2020 ZoxPress Theme. Theme by MVP Themes, powered by WordPress.