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Transerve, Electrosales’ bank accounts frozen over money laundering allegations

Transerve, Electrosales’ bank accounts frozen over money laundering allegations

The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has directed banks to freeze the accounts of Transerve, Powerspeed Investments, Electrosales, Halsted Brothers Ltd and Enbee Store.

The FIU says it has detected “unusual activity” and is investigating “money laundering.”