Zimbabwe: Chimombe and Mpofu Sentencing in U.S.$7m Presidential Goat Scheme Fraud Postponed As State Moves to Forfeit Properties

WOES continue to mount for jailed businessmen Mike Chimombe and Moses Mpofu, with the State now seeking to confiscate their properties following their conviction in a US$7 million fraud case.

The duo, who face a possible minimum 20-year jail term if convicted, will now be sentenced on November 17 after the State indicated its intention to apply for a confiscation order under Section 50(1) of the Money Laundering and Proceeds of Crime Act [Chapter 9:24].

The law empowers authorities to trace,…