Reuters reported Firday that the U.S. Treasury Department moved to freeze assets of 17 business enterprises controlled by the Zimbabwean government. The Treasury Department’s decision was driven by the companies’ support of President Robert Mugabe’s regime.
The Treasury said it is banning Americans from doing business with the entities, which include the Agricultural Development Bank of Zimbabwe and producers of minerals, steel, textiles, chemicals and other services.
The action seeks to freeze any assets that the entities have under U.S. jurisdiction.
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