Warrant of arrest for forex dealer

Sheillah Mapani Herald Reporter
A WARRANT of arrested was yesterday issued against a Harare foreign currency dealer after she failed to appear in court for sentence. Rosa Sanudi (40) last week appeared before Harare magistrate Ms Josephine Sande facing charges of contravening section 5(1)(a)(ii) of the Exchange Control.

She pleaded guilty to the charges and was released on $100 bail, while awaiting sentence. Prosecutor Ms Linda Gadzikwa proved that last week, Constable Obey Rice was deployed in the CBD under the operation code-named “Dzosai mari” meant to arrest illegal currency dealers. While at Roadport terminus in Harare, Sanudi offered for sale a bunch of Zimbabwe bond notes, South African Rands and United States dollars.

She was arrested and searched, leading to the recovery of US$30, ZAR10 and $190,35 in bond notes. Government has since published regulations that criminalise cash vending without permission from the exchange control authority and empowered police to arrest money dealers and seize the currency involved. This came after Government realised that cash vending had caused unscrupulous rise in prices.

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