NPA turns down prosecution of Magamba Network

For allegedly externalising foreign currency

THE National Prosecuting Authority (NPA) has declined to prosecute Magamba Cultural Activist Network
Trust for allegedly externalising foreign currency without authority from the Reserve Bank of Zimbabwe
(RBZ).

Magamba Cultural Activist Network Trust, represented by Sam Monro, the organisation’s creative director,
had been charged with externalisation after it allegedly transferred $10 450 from its local bank in Zimbabwe
in 2014 to an international account without seeking authorisation from the RBZ.

But Prosecutor Francesca Mukumbiri of the NPA on Wednesday 17 October 2018 declined to prosecute
Magamba Cultural Activist Network Trust, represented by Harrison Nkomo of Zimbabwe Lawyers for
Human Rights, when trial was supposed to commence on the basis that the state had no witnesses to lead
evidence in the matter.

Post published in: Business

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