Connect with us

Metro

US announces sanctions against Zimbabwean President’s son, Emmerson Jnr

Published

on

The US Treasury Department has announced sanctions against Emmerson Mnangagwa Jr, the powerful son of Zimbabwe’s President Emmerson Mnangagwa, following his
ties to sanctioned businessman, Kudakwashe Tagwirei.

The announcement made on Monday before the kick off of the summit of African leaders in Washington, DC, spelt out penalties against Mnangagwa Jr which include the freezing of his assets.

The announcement alleged that Mnangagwa Jr has been in charge of business interests owned by his father and related to Tagwirei.

The US Treasury alleged that those targeted by Monday’s sanctions were tied to the businessman Kudakwashe Tagwirei and his Sakunda Holdings company, who is accused of using his wealth to cultivate relationships with high-level government officials, receiving state contracts and access to hard currency in exchange for luxury items such as expensive cars.

“The sanctions freezes the US assets of those designated and generally bars Americans from engaging in business dealings with them,” the Treasury Department said in a press release.

“The Zimbabwe sanctions programme targets human rights abusers and those who undermine democratic processes or facilitate corruption.

“US sanctions do not target the Zimbabwean people, the country of Zimbabwe, or Zimbabwe’s banking sector,” the press release states.

In addition to Mnangagwa Jr, the sanctions also hit Tagwirei’s wife Sandra Mpunga, as well as Sakunda’s chief marketing and public relations officer, Nqobile Magwizi and Obey Chimuka, a business partner of Tagwirei.

Mnangagwa Jr’s father is also under a sanction of his own following a 2003 blockade of his US assets after the administration of then-President George W Bush sanctioned him for “undermining democratic processes or institutions in Zimbabwe”.

Metro

Nigeria’s future is very bright, we’ll overcome challenges, VP Shettima says

Published

on

Nigeria’s Vice President, Kashim Shettima, has expressed his belief and optimism that the future of the country is very bright despite a myriad of economic and security challenges facing the nation.

Shettima, who expressed his hopes in a Christmas message, reaffirmed the commitment of the President Bola Tinubu-led administration to economic transformation, national security, and the overall well-being of all citizens.

Shettima assured Nigerians that Tinubu was resolute and was working assiduously to tackle critical issues such as security and economic challenges, as the country prepares for the coming year.

“As we approach a new year, I want to reassure you that President Tinubu’s administration remains fully dedicated to improving the lives of all Nigerians,” the VP said.

“We are committed to tackling economic transformation and enhancing the welfare of every citizen,” he added, while emphasizing that Nigeria’s diversity as a strength, and called on Nigerians to use the festive period to strengthen unity across all regions and faiths, fostering a spirit of togetherness.

“Our nation’s greatest strength lies in its diversity. This holiday season offers us the perfect opportunity to strengthen the bonds of brotherhood that unite us,” he stated.

Shettima reiterated that the present administration will continue to prioritize national security and assured Nigerians of the continued vigilance of the country’s security forces, emphasising that security personnel would remain on high alert during the holiday period to ensure safety.

“Our brave security personnel will continue to work tirelessly to protect us. Enhanced security measures are in place to safeguard citizens during the festive season,” he said.

“I am filled with hope and optimism about Nigeria’s future. Together, we will build a more prosperous and united nation.

“To our young people, you are the backbone of our nation. The Renewed Hope administration is rolling out various initiatives to empower you, enabling you to thrive and contribute to Nigeria’s growth,” Shettima added.

Continue Reading

Metro

Zambian drug agency declares ex-President Lungu’s daughter wanted

Published

on

The Zambian Drug Enforcement Commission (DEC) has declared the daughter of former president Edgar Lungu, Tasila Lungu, wanted in connection with money laundering activities.

The Director General of the DEC, Nason Banda, who made the announcement at a media briefing in Lusaka on Tuesday, told journalists that Tasila, who was a Member of Parliament representing Chawama Constituency, fled the country after her father lost elections on pretext of being on maternity leave, and had remained defiant to calls from law enforcement officers to present herself for investigations.

Banda stated that the Commission was tired of issuing call outs to Tasila through her lawyers, hence the decision to place her on the wanted list.

Banda noted that the Commission wanted Tasila to explain her certain sources of income like other persons who were called for questioning after they were found with a case to answer.

He said the Commission had issued several call outs to Tasila through her lawyers since she was not in the country and had grown tired of waiting because this was prolonging the investigations which should be closed as soon as possible.

“We have been attempting to contact her to answer questions related to an ongoing investigation. Messages have been sent, and lawyers have been contacted, but Honorable Lungu has not responded. As of now, Honorable Lungu is considered a wanted person,” Banda said.

He urged Tasila to come forward and answer questions while assuring that the process will be fair and she will be treated with respect, emphasizing the importance of justice and fairness.

Banda also assured that there was no witch-hunt in the process of investigating Tasila and other politicians, emphasizing that in the past, seizures had been lifted, and property had been returned to owners after investigations were completed.

“We have issues with her, let her come and answer a few questions. It’s only fair for her to respond because we have issues with her. So we would like honourable Lungu to come and answer a few questions. We have sent call outs through her lawyers,” he said.

Banda said the DEC had, on May, 30, 2024, summoned Tasila together with the former first lady to appear before them for interviews through two separate notices signed by an Officer of the Anti-Money Laundering Unit, but despite assurances from her lawyers, Zulu and Advocates, that she would make herself available to the agency, she had failed to show up.

Continue Reading

EDITOR’S PICK

VenturesNow38 minutes ago

IMF, Egypt reach agreement for fourth review of Egypt’s $1.2 billion loan request

Egypt and the International Monetary Fund (IMF) have reached a staff-level agreement over the fourth review of the Extended Fund...

VenturesNow43 minutes ago

Libya’s eastern govt accepts petrol subsidy elimination

In a recent statement, the eastern government of Libya claimed it had reached a consensus on a plan to eliminate...

Musings From Abroad51 minutes ago

World Bank suspends loan fees for impoverished countries

To lower borrowing costs for vulnerable nations, the World Bank has announced the elimination of several loan fees. The action...

Politics55 minutes ago

Mozambique’s top court affirms governing party’s victory in recent election

The highest court in Mozambique affirmed Monday that the incumbent Frelimo party won the October election, sparking widespread demonstrations from...

VenturesNow60 minutes ago

Nigeria resumes mining in Zamfara state

According to the mining minister, Nigeria has removed a five-year restriction on mining exploration in the northwest state of Zamfara,...

Musings From Abroad1 hour ago

Russian Foreign Ministry claims cargo ship sinks in Mediterranean following explosion

The Russian Foreign Ministry reported Tuesday that two crew members are still unaccounted for after an explosion tore through the...

Politics1 hour ago

Alliance of Sahel States opposes ECOWAS disengagement schedule

The Economic Community of West African States (ECOWAS) withdrawal timeline has been rejected by the Alliance of Sahel States (AES),...

Metro1 hour ago

Nigeria’s future is very bright, we’ll overcome challenges, VP Shettima says

Nigeria’s Vice President, Kashim Shettima, has expressed his belief and optimism that the future of the country is very bright...

Culture23 hours ago

Moroccan doctors stage nationwide protest in ‘Week of Anger’

Moroccan doctors across the country on Tuesday staged a nationwide protests in what is known as “Week of Anger,” accusing...

Metro23 hours ago

Zambian drug agency declares ex-President Lungu’s daughter wanted

The Zambian Drug Enforcement Commission (DEC) has declared the daughter of former president Edgar Lungu, Tasila Lungu, wanted in connection...

Trending