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Monday, November 4, 2024
HomeCourtsCde Fatso Dragged to Court, Accused of Externalization

Cde Fatso Dragged to Court, Accused of Externalization

Magamba Network Activist Network has been dragged to court for allegedly externalizing funds without seeking approval from the Reserve Bank of Zimbabwe (RBZ).

It is believed that on 3 June 2014 and 19 June 2018, the accused transferred US$5 150-00 and US$5 300-00 respectively from their Stanbic Account into an offshore account.

The police said it got a tipoff of the alleged crime from an anonymous source.

Magamba Network Activist Network is represented by Sam Adam Monro, aged 36, widely known as Cde Fatso and is one of Zimbabwe’s most prominent spoken word artists and comedians. He is popularly known for co-creating the satire television news show  Zambezi News.

The state is being represented by Prosecutor Francisca Mukumbiri.

Harare Magistrate Learnmore Mapiye stood down the matter to 17 October for further remand

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Journalist based in Harare

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