Businesswoman Charged with Money Laundering, Exte...

Businesswoman Charged with Money Laundering, Externalising US$880k

Munyaradzi Mashiri- Court Correspondent

A 52-year-old woman from Avondale has been charged with money laundering and externalisation after allegedly using informal money transfer systems to purchase goods from China without authorisation from the Reserve Bank of Zimbabwe.

Sun Limin appeared at the Harare Magistrates’ Courts charged with incurring an obligation to make payment outside Zimbabwe without the required approval, as well as money laundering.

She is expected back in court on September 2, 2025.

The State alleges that between January 2024 and July 2025, Limin devised a scheme to engage in cash externalisation. She allegedly used unofficial money transfer methods to pay for goods in China without Reserve Bank authorisation.

The imported goods reportedly entered Zimbabwe through the Forbes Border Post.

Police received a tip-off and approached Limin at her workplace, where they recovered bills of entry indicating that goods were indeed entering the country from China.

It is further alleged that by using foreign accounts to purchase goods abroad and importing them through formal channels, Limin concealed the true source, location, or movement of the funds—knowing the money was derived from illegal activities.

This, the State argues, contravenes the Money Laundering and Proceeds of Crime Act.

Limin is alleged to have transferred a total of US$880,000 to China.

None of the funds were recovered.