Published on Pambazuka News (https://www.pambazuka.org)

Home > Zimbabwe: Board fined for currency breaches

Contributor [1]
Wednesday, July 19, 2006 - 03:00
Categories: 
Corruption [2]
Issue Number: 
264 [3]
Article-Summary: 

Zimbabwe Cricket (ZC) has been fined Z$130 million (£700) after using an offshore account to pay for the purchase of cricket balls from Pakistan. A magistrates court in Harare was told that the board paid £12,000 to Ishan Sports in breach of the country's Exchange Control Regulations. The board pleaded guilty to the charge.

Category: 
Governance [4]
Oldurl: 
http://www.pambazuka.org/en/category.php/corruption/36016 [5]
Country: 
Zimbabwe [6]

Source URL: https://www.pambazuka.org/node/35395

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[5] http://www.pambazuka.org/en/category.php/corruption/36016
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