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Sunday, January 27, 2008

UK tycoon 'arrested in Zimbabwe'

British property developer Nicholas van Hoogstraten has been arrested in Zimbabwe, according to local media.

The state-run Herald newspaper said Mr van Hoogstraten, 63, was charged with breaking foreign exchange laws after a night raid at his Harare home.

He is accused of demanding rent in overseas currency, contrary to Zimbabwean law, the newspaper said.

A police spokesman told it that Mr van Hoogstraten, of Uckfield, East Sussex, owns about 200 properties in Zimbabwe.


http://news.bbc.co.uk/2/hi/uk_news/7210688.stm

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