Home News Sun Limin Faces Charges for Alleged Foreign Currency Violations

Sun Limin Faces Charges for Alleged Foreign Currency Violations

by Bustop TV News
Mupostori"

A 52-year-old Chinese citizen, Sun Limin, was recently taken into custody in Harare in connection with unauthorized foreign currency transfers totaling approximately US$880,000.

She was apprehended by authorities on July 31, 2025, at her business location situated at 19 Basma, Graniteside.

Sun faces allegations of breaching the Exchange Control Act [Chapter 22:05], after reportedly transferring substantial amounts of money to China between January and July 2025 without securing the necessary clearance from the Reserve Bank of Zimbabwe (RBZ).

According to the National Prosecuting Authority, the accused is also being charged under the Money Laundering and Proceeds of Crime Act [Chapter 9:24]. Prosecutors claim she attempted to disguise the origin and nature of the funds, which are believed to be linked to criminal activity.

So far, investigators have gathered several pieces of evidence, including:

Customs documentation for goods allegedly imported from China via Forbes Border Post

Testimonies from clearing agents

Transaction records raising suspicion of financial irregularities

Sun was released on US$500 bail under strict terms. She is required to:

Surrender her passport

Report to the police every Friday

Refrain from interacting with any witnesses involved in the matter

The case is now moving through the legal system as law enforcement continues its probe.

Sun’s arrest is part of a broader initiative by Zimbabwean authorities to clamp down on illicit financial flows and money laundering. Regulatory bodies have increased their focus on monitoring cross-border transactions, particularly in industries where exchange control breaches are common.

ALSO READ : Vice President Applauds NetOne for Driving Digital Connectivity Across the Nation

Related Articles