“We went to Cameroon with the objective of going to the second round. Of course, I am the coach I take the blame. I can’t blame anybody."
The seven, who have all pleaded not guilty to the charges, were granted bail of $RTGS5,000 (about $US1600), and are restricted from leaving the country or Victoria Falls, explained their lawyer, Godfrey Muvhiringi
“The application was done in the morning, and up to now, we have not had formal communication as to what the position of the Zambian government is on the application."
Some of the Zimbabweans named include top executives at Innscor Africa, Zinona Koudounaris and Michael Fowler; Zimplats chief executive officer, Alex Mhembere; Sable Chemicals boss, Jackson Murehwa and others.
Reserve Bank Governor John Mangudya told VOA in an e-mail statement: “According to our records we do not have any approval for the persons whom you have mentioned.”
“Zimbabwe Platinum Mines Private Limited has no relationship with the companies listed,” said Zimplats head of corporate affairs Busi Chindove.
Banking executives in Harare told Studio7 that some of the accounts were set up from free funds (money earned outside a country’s normal trade activities), and were not subject to exchange control regulations.
Leaked documents of the HSBC transactions retrieved by French newspaper, Le Monde rreveal that blacks possessed only 10 bank accounts of the 198-listed, and that the amount totaled less than $2 million
Topping the list of individuals from Zimbabwe are politicians, doctors, business people, farmers, sports people and what the document refers to as “housewives”, though further investigations by Studio7 reveal that some of these so-called ‘housewives’ are directors of private companies and trusts.
Dr. Peter Morgan, a former civil servant with the Ministry of Health, will receive his prize of $150 thousand and a crystal sculpture at a ceremony in Stockholm during World Water Week in September.
Reserve Bank of Zimbabwe Governor Gideon Gono has his work cut out for him over the six month grace period granted by the IMF board - n
