Endless Beauty Supplies, which trades as Top Notch Logistics, has appeared in court facing allegations of money laundering and breaching Zimbabwe’s exchange control regulations after allegedly transferring more than US$380,000 to suppliers in the United Arab Emirates without Reserve Bank of Zimbabwe approval.
The State, represented by Detective Assistant Inspector Kachirika of the CID Asset Forfeiture Unit (Northern Region), accuses the company of conducting unauthorised foreign payments totalling US$380,220 between January 1 and December 3, 2025.
Court documents indicate that the case emerged during “Operation Pressure Valve,” a nationwide crackdown targeting fuel and LPG outlets to assess pricing practices, verify funding sources, enforce banking regulation compliance, and disrupt illegal money-moving networks.
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During the operation, investigators reportedly received information linking Top Notch Logistics to a suspected hawala-type system—an informal mechanism used to move money outside official financial channels. The scheme, if proven, would allow funds to be transferred offshore without passing through the regulated banking system.
Authorities say the company failed to produce documents showing that the UAE payments were processed through formal banking channels or supported by the required RBZ Exchange Control authorisation. The absence of transaction records has raised questions about both the legality of the payments and the true source of the funds involved.
None of the money has been recovered, and law-enforcement officials believe the transfers may point to broader money-laundering activity.
Top Notch Logistics is scheduled to return to court on January 15, 2026, when the matter is expected to resume.
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