Zimbabwe tourism minister charged with corruption over pension fund
Zimbabwean Tourism Minister Prisca Mupfumira was charged in court on Friday with corruption involving $95 million from the state pension fund after questioning by the newly formed Zimbabwe Anti-Corruption Commission (ZACC).
Mupfumira is the first senior government official to be interrogated by the commission, which was appointed by President Emmerson Mnangagwa last week after he promised tough action against graft.
The prosecution laid out charges ranging from alleged abuse of state pension fund money to finance Mupfumira’s political campaigning to directing investments of up to $62 million into a bank against the advice of the pension fund’s risk committee.
Mupfumira is also accused of leaning on the pension fund to enter into property deals with the same bank worth $15.7 million. The charges arose from Mupfumira’s tenure as labour minister between 2014 and 2018, when she oversaw the state pension fund. “While some amounts have been identified, where they went to, there are other amounts which the police and officers at the Zimbabwe Anti-Corruption Commission have failed to find. She has managed to hide that money very well,” prosecutor Michael Reza said in court.
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