Zimbabwe finance minister arrested
Saturday, April 24, 2004 Posted: 11:01 AM EDT (1501 GMT)

HARARE, Zimbabwe (AP) -- Police have arrested the country's finance
minister amid allegations he was illegally exporting hundreds of
thousands of rands, pounds and euros to South Africa.

Christopher Kuruneri's arrest on Saturday follows last week's
announcement by President Robert Mugabe to crackdown on "economic
saboteurs" he blames for contributing toward the country's downward
spiraling economy.

Assistant Police Commissioner Wayne Bvudzijena confirmed the arrest
but offered few other details. Under new regulations, Kuruneri may be
held for up to 28 days without bail.

"All I can say is he will appear in court soon," Bvudzijena said.

State radio said Zimbabwean detectives were traveling to South Africa
to investigate alleged violations between March 2002 and early 2004
of as much as US$1 million in rands, pounds and euros.

They are also investigating allegations the minister traveled on both
Zimbabwean and Canadian passports, in violation of new citizenship
laws. The laws have already prevented thousands of white Zimbabweans
from voting because they are of foreign descent. Kuruneri studied in
Canada in the 1980's.

Under Zimbabwean exchange controls, money earned abroad has to be
repatriated.

A South African newspaper reported earlier this year that Kuruneri
was building a 30 million-rand (US$4 million) luxury home in Cape
Town.

Kuruneri said the property was only worth 7 million rand (US$1
million) funded from overseas consulting he had done 10 years ago.

Bvudzijena also said police wanted to question about 30 persons and
organizations for alleged illegal foreign currency dealings with
Zimbabwe's Treger group of companies, whose executives have fled to
Britain.

The list includes the Anglican Church, the Salvation Army, a Roman
Catholic priest, a Catholic church, and an educational and
development trust.

Zimbabwe has been in deepening crisis since 2000 when Mugabe began
seizing white owned farms for redistribution to black Zimbabweans.

Annual inflation is estimated at 602 percent, one of the highest
rates. The country also faces acute shortages of food, medicine,
gasoline and other essential goods. Unemployment is estimated at over
70 percent.


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