Categories: Stories

Four Harare men found with $4 million cash

Four men were arrested with $4 million cash and $100 kg of gold in Borrowdale, Harare, yesterday.

According to the Herald, they wanted to smuggle the cash and gold out of the country.

The money and gold was stashed in suitcases and was in denominations of $100s, $50s, $20s and $10s.

Police were still checking the details.

Zimbabwe has been experiencing a cash shortage for nearly two years and banks are giving clients only $20 and mostly in coins.

(1129 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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