Zimbabwe: U.S.$7 Billion Siphoned for Safekeeping, of Course

[Zimbabwe Independent] THIS week, it was alleged that Zimbabwe's leaders, past and present, had stashed at least US$7 billion outside the country. Said Zimbabwe Anti-Corruption Commission (Zacc) chairperson Loice Matanda-Moyo: "Informally, we have now identified over US$7 billion worth of property and cash all over the world which were siphoned by our former leaders, current leaders, private sector and individuals. So this information we only got informally, so now we have to formalise the process so that we start the processes