MONEY LAUNDERING : PROPERTY SECTOR TARGETTED

The Financial
Intelligence Unit (FIU) has called on Zimbabwe’s real estate industry to
strengthen its mechanisms for detecting illicit financial flows (IFFs).

A senior
official warned that the sector was morphing into a hotspot for transactions
that d…

The Financial Intelligence Unit (FIU) has called on Zimbabwe’s real estate industry to strengthen its mechanisms for detecting illicit financial flows (IFFs). A senior official warned that the sector was morphing into a hotspot for transactions that divert substantial funds from the economy. In an interview with Standardbusiness, FIU director-general Oliver Chiperesa said Zimbabwe’s booming