OFAC Issues, Removes Zimbabwe Designations
The Office of Foreign Assets Control this week sanctioned four Zimbabweans and two Zimbabwean entities in an effort to tackle corruption in the country’s government. The agency also removed 17 Zimbabweans from its Specially Designated Nationals List because they “no longer undermine Zimbabwe’s democratic processes.”
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The sanctions target Sandra Mpunga, Nqobile Magwizi, Fossil Agro, Fossil Contracting and Obey Chimuka for their ties to Kudakwashe Tagwirei, who was sanctioned in 2020 for using his contacts to gain state contracts and receive “favored access to hard currency” (see 2008050014). Mpunga is Tagwirei’s wife; Magwizi has worked as the public relations officer of Sakunda Holdings, Tagwirei’s company; Fossil Agro has supplied the country’s Command Agriculture Program, a state farm subsidy “largely financed by Sakunda which has failed to account for billions of dollars in disbursements”; and Chimuka owns Fossil Contracting and is also CEO of Fossil Agro. OFAC also designated Emmerson Mnangagwa Jr., the son of Zimbabwean President Emmerson Mnangagwa.