{"id":18481,"date":"2020-01-24T21:10:58","date_gmt":"2020-01-24T19:10:58","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=18481"},"modified":"2020-01-24T21:10:58","modified_gmt":"2020-01-24T19:10:58","slug":"zacc-wants-share-of-looted-funds","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zacc-wants-share-of-looted-funds","title":{"rendered":"ZACC wants share of looted funds"},"content":{"rendered":"<p>THE Zimbabwe Anti-Corruption Commission (ZACC) is seeking a share of the money recovered from corruption activities to fund its operations in light of budgetary constraints by Treasury.<\/p>\n<p>ZACC spokesperson, Commissioner John Makamure told delegates at a Transparency International Zimbabwe (TIZ) Corruption Perceptions Index Results Report launch in Harare Thursday that government was unable to fulfil all its financial needs to discharge its mandate.<\/p>\n<p>\u201cThe fiscus will never be able to fund this anti-corruption fight. We all know that it\u2019s not possible at the moment,\u201d Makamure said.<\/p>\n<p>He said the anti-graft body has recovered millions of dollars and property in its fight against the vice but was unfortunately finding it difficult to discharge its functions without adequate funding.<\/p>\n<p>\u201cWe are cognisant of the budgetary limitations, we are making proposals for retention of a percentage of assets recovery so that we are able to capacitate ZACC,\u201d he said.<\/p>\n<p>\u201cWe have made arrests on those believed to have committed grand corruption, currently we are running out of space of storage for recovered properties.<\/p>\n<p>\u201cA number of bank accounts have been frozen, but again we are still working on the legal framework to ensure that we finalise the process with the courts.\u201d<\/p>\n<p>Makamure said ZACC was entering into agreements with stakeholder organisations and was now setting its eyes on finding regional partners to spread its wings.<\/p>\n<p>\u201cThis ZACC is working with other partners local and regional, this ZACC is determined, it\u2019s serious about stakeholders\u2019 engagement,\u201d he said.<\/p>\n<p>\u201cThey will be many MOUs with many others\u2026since we came into office, we have an MOU with NPA, ZRP, judicial service commission, auditor general\u2019s office, ZIMRA and other countries like Botswana.<\/p>\n<p>\u201cWe are discussing with other international organisations that specialise in asset tracking and recovery so we are entering with those again.<\/p>\n<p>\u201cThat will also assist with expertise, address capacity issues, we have an MOU with financial intelligence unit within the RBZ so that when it comes to unpacking the complex transactions in the financial sector, that unit can assist us.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE Zimbabwe Anti-Corruption Commission (ZACC) is seeking a share of the money recovered from corruption activities to fund its operations in light of budgetary constraints by Treasury. ZACC spokesperson, Commissioner John Makamure told delegates at a Transparency International Zimbabwe (TIZ) Corruption Perceptions Index Results Report launch in Harare Thursday that government was unable to fulfil [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18483,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[386,725,661],"class_list":{"0":"post-18481","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-community","9":"tag-zacc","10":"tag-zimra","11":"tag-zrp"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ZACC wants share of looted funds - zimbabwe<\/title>\n<meta name=\"description\" content=\"THE Zimbabwe Anti-Corruption Commission (ZACC) is seeking a share of the money recovered from corruption activities to fund its operations\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zacc-wants-share-of-looted-funds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZACC wants share of looted funds\" \/>\n<meta property=\"og:description\" content=\"THE Zimbabwe Anti-Corruption Commission (ZACC) is seeking a share of the money recovered from corruption activities to fund its operations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zacc-wants-share-of-looted-funds\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-24T19:10:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2020\/01\/ZACC-Chairperson-Loice-Matanda-Moyo-5e2b40eb7d3d3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zacc-wants-share-of-looted-funds\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zacc-wants-share-of-looted-funds\",\"name\":\"ZACC wants share of looted funds - 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