NPA Turns Down Prosecution Of Magamba Network For Allegedly Externalising Forex

The National Prosecuting Authority (NPA) has declined to prosecute Magamba Cultural Activist Network Trust for allegedly externalising foreign currency without authority from the Reserve Bank of Zimbabwe (RBZ).

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Magamba Cultural Activist Network Trust, represented by Sam Monro, the organisation’s creative director, had been charged with externalisation after it allegedly transferred $10 450 from its local bank in Zimbabwe in 2014 to an international account without seeking authorisation from the RBZ.

But Prosecutor Francesca Mukumbiri of the NPA on Wednesday 17 October 2018 declined to prosecute Magamba Cultural Activist Network Trust, represented by Harrison Nkomo of Zimbabwe Lawyers for Human Rights, when trial was supposed to commence on the basis that the state had no witnesses to lead evidence in the matter.

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