The arrest and arraignment of business tycoons Harbinder Singh Sethi and James Rugemalira over the theft of more than $200m from the Tegeta Escrow Account in 2013 is the most dramatic move yet in Tanzania President John Magufuli’s anti-corruption strategy.
Mr Sethi and Mr Rugemalira were this week charged with economic sabotage, forgery, impersonation, running a criminal syndicate and obtaining money by false pretences, as well as causing loss of money to the government.
