The National Prosecuting Authority arrested Grant Chitate for violating foreign exchange regulations through his company Grant Wellington Thulisa (Pvt) Ltd. Authorities charge the businessman with making unauthorized external payments totaling US$7,669,864.12 for liquefied petroleum gas imports. The alleged violations occurred between January 2019 and December 2024. Investigators discovered discrepancies between the company's local bank account balances and the reported import values. The firm allegedly purchased 9.4 million kilograms of gas without proper Reserve Bank of Zimbabwe approval.
Police detained Chitate on July 30, 2025, and he appeared before a magistrate shortly after his arrest. The court granted him bail worth US$1,000 with strict conditions attached to his release. Prosecutors filed charges under Section 5(1) of the Exchange Control Act and Section 11(1)(a)(b) of related regulations. His next court appearance is scheduled for September 2, 2025. The investigation continues as authorities examine the suspected illicit foreign currency transactions.
Police detained Chitate on July 30, 2025, and he appeared before a magistrate shortly after his arrest. The court granted him bail worth US$1,000 with strict conditions attached to his release. Prosecutors filed charges under Section 5(1) of the Exchange Control Act and Section 11(1)(a)(b) of related regulations. His next court appearance is scheduled for September 2, 2025. The investigation continues as authorities examine the suspected illicit foreign currency transactions.
