Zimbabwe’s Anti-Corruption Commission (Zacc) has instituted legal processes to seize properties valued at US$6,5 million (ZW$75 581 395) owned by Zimbabweans in the Isle of Man. The properties are held by a number of individuals in the repressive regime of Robert Mugabe and include the former Commissioner General of the Zimbabwe Police Augustine Chihuti. It’s another embarrassment to the Isle of Man where property scandals involving persons from Central and Southern africa have featured in the past. It’s also concerning because individuals such as Chihuri are on an EU sanctions blacklist.
It shows that thirty years after the Isle of Man said it would clean up its ‘financial’ act, the offshore centre is still open for sleazy business.
Image: ‘The golden mile’ Douglas shadowy home of the corporate crooks – Inset: Chihuri, being on an EU sanctions list did not stop him acquiring properties via the IOM.
AGS Celtic League (13th September 2021)