Zimbabwe arrests UK property tycoon

[Joanne98]

Source: Reuters

HARARE (Reuters) - Police in Zimbabwe have arrested British property tycoon Nicholas van Hoogstraten on charges of violating currency exchange rules, state media said on Saturday.

Police detained van Hoogstraten, 63, after a night raid on his home on Thursday and charged him with levying rentals on properties in foreign currency, the official Herald newspaper reported.

Zimbabwean law prohibits the payment of foreign currency for local goods and services.

Van Hoogstraten owns about 200 residential and business properties in Zimbabwe, a police spokesman told the Herald. He also has significant investments on the Zimbabwe stock exchange.



Read more: http://uk.reuters.com/article/topNews/idUKL2639682120080126

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See. If he had been hanging out in Davos with all the rest of the vampires this wouldn't have happened.

[davidinalameda]

1. wow

leave it to the criminals running Zimbabwe to make this guy look sympathetic

[Sen. Walter Sobchak]

2. This could be very important!

Nicholas van Hoogstraten (aka the largest land owner in Zimbabwe, and international criminal) is VERY close to Robert Mugabe, it could be a sign of slipping loyalty among the police. Although it could also be nothing when another of Mugabe's special white buddies John Bredenkamp ran into legal trouble over an immigration matter a few years ago it magically went away.

[ohio2007]

3. it shows just how shitty their currency is if the locals prefer and accept

legal tender from a country with a more stable value.
?
btw
which currency was being floated ?

[Sen. Walter Sobchak]

4. My $100,000 Zimbabwean bank notes are worth about 3 cents each n/t

[ohio2007]

6. At least the paper it's printed on is worth 4 cents nt

[rayofreason]

10. That was yesterday.

Today it might be 2 cents.

[Craftsman]

11. What are the dimensions of the bank note?

It it is at least 4" X 6" you can use it as toilet paper.

[Sen. Walter Sobchak]

12. If you wander the slums you can find evidence of that n/t

[intaglio]

5. van Hoogstraten - YES!

It couldn't happen to a nicer :sarcasm: guy.

A slimy nasty piece of racketeering garbage - he and Mugabe deserve each other

[Sen. Walter Sobchak]

7. in hell perhaps

Unfortunately while living the English and Rhodesian money men are the ones who keep the lights on for the Mugabe regime. Hell Hoogie just built Mugabe a new presidential mansion.

[boruhila]

8. he is not a saint but big time Thugg

he was wanted in Uk for murder

[ohio2007]

9. they'll just confiscate his 'stuff' and mismanage it into the African ground

like everything else they have touched

[AllyCat]

13. Can we send Bush there and get him arrested? He's a thug too. n/t