Former Air Zimbabwe executives jailed for fraud

April 10, 2015 3:58 PM

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HARARE, April 10 (Reuters) - A Zimbabwean court jailed two former executives of state-owned Air Zimbabwe to 10 years each on Friday, after finding them guilty of fraud in a rare slap on corruption against senior public officials.

Most companies owned by the state in the southern African countries run losses every year, with management incompetence and corruption often cited as the major causes for the rot but few are ever brought to court.

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