Society

UK property tycoon to appear in court in Zimbabwe

British property tycoon Nicholas van Hoogstraten, who was arrested by Zimbabwe police on charges of violating exchange control rules, will appear in court on Monday, a police spokesman said.

British property tycoon Nicholas van Hoogstraten, who was arrested by Zimbabwe police on charges of violating exchange control rules, will appear in court on Monday, a police spokesman said.

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

Police spokesman Andrew Phiri told Reuters on Sunday Van Hoogstraten would appear before a magistrate on Monday.

"He is still in police custody and will appear in court on Monday morning," Phiri said.

Van Hoogstraten -- who is being charged under Exchange Control regulations - will also face charges linked to pornographic material found in his house.

The real estate developer owns about 200 residential and business properties in Zimbabwe.

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