BY WANDILE TSHUMA
A 52-year-old Chinese national has appeared in court on charges of illicit financial dealings involving US$880 000.
According to the National Prosecuting Authority (NPA), Sun Limin, a Chinese businesswoman, was arrested on July 31, at her premises in Graniteside, Harare.
“The accused, a Chinese national, is facing charges of contravening the Exchange Control Act [Chapter 22:05] and the Money Laundering and Proceeds of Crime Act [Chapter 9:24:1],” said the NPA in a statement.
“Sun Limin allegedly transferred US$880 000 to China without the Reserve Bank of Zimbabwe’s approval between January and July 2025.
Investigations have confirmed bills of entry for the goods, which were imported from China via Forbes Border Post. Witness testimonies from clearing agents and documents proving transactions were also obtained.”
The NPA added that Sun Limin concealed the true nature and source of the funds, which authorities believe are proceeds of crime.
Sun Limin was granted US$500 bail, with conditions that include surrendering her passport, reporting to the police every Friday, and refraining from interfering with witnesses.
“The case highlights growing scrutiny on financial crimes in Zimbabwe, especially involving cross-border transactions. Authorities are tightening controls to curb illicit capital flight and money laundering,” said the NPA.
