Van Hoogstraten’s Arrest

Van Hoogstraten's Arrest

Van Hoogstraten was arrested last week by Zimbabwean police


HARARE - British property tycoon Nicholas van Hoogstraten on Monday denied
falling out with Zimbabwean authorities and said charges against him of
flouting the country's tough exchange regulations were false and malicious.


The controversial businessman, who is believed to have close ties with

President Robert Mugabe’s government, was arrested last week for allegedly

charging rent for his properties in Zimbabwe in foreign currency, an offence

under the country’s foreign exchange regulations.Van Hoogstraten, who is expected to appear in court later today, is also

facing charges of possessing pornographic material in violation of Zimbabwe’

s censorship laws.”The charges are a deliberate and malicious entrapment scheme. I deny all of

them,” said the businessman in a statement. He did not say who was out to

trap him or for what reasons but emphasised there was nothing political in

the matter.”I would like to emphasise that the misconception that might arise in the

press or elsewhere that I have fallen out with the Zimbabwe authorities is

utterly false,” said Van Hoogstraten.Describing charges against him as a “minor irritation”, Van Hoogstraten said he was confident the courts would clear him.The British property tycoon, who was being held in police custody over the

weekend, is said to own over 200 residential and business properties and an

estimated 600 000 hectares of land in Zimbabwe.Zimbabwean police say Van Hoogstraten was caught in possession of 37 586

United States dollars, 92 880 South African rands, 190 British pounds as

well as 20 billion Zimbabwean dollars.

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