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Biti dismisses Mnangagwa's 'Mickey Mouse list'

by Staff reporter
19 Mar 2018 at 17:01hrs | Views
Former Finance Minister and Harare lawyer Mr Tendai Biti has called President Emmerson's Mnangagwa's of companies and individuals who externalised funds and have not heeded the  Mnangagwa's call to returns the funds a Mickey Mouse list.

Biti went on Twitter to express his opinion.

1) The legal definition of externalization is a challenged one & not filling acquittals is not externilisation. Publishing a Mickey Mouse list without legal clarity is defamatory & inexcusable. Particularly if that list refers to illicit financial flows, which is a different issue.

2) However it is quite clear that the mining sector remains the bedrock of illicit financial flows which are costing Africa a $ trillion annually, much more than the all foreign aid into the continent. The mining sector dominates categories one and two on #theList

3) Category 3 on #TheList are 90% Chinese nationals transferring money to Chinese banks. Question is , where are they getting this money given small Chinese imprint in Zim. Clear that there is rampant Chinese looting & rape of this economy

4)The sum of $464 m on #TheList is a paltry amount given the hemorrhage in the country from corruption & illicit financial flows. Diamonds alone were $15 b . The legitimacy & credibility of the list is undermined by those that are not there , those that we know .



Source - social media