State-Owned German Bank Sending Collectors after Zimbabwe

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State-Owned German Bank Sending Collectors after Zimbabwe

A state-owed development bank in Germany is sending an international commercial debt collector after the government of Zimbabwe to recover some $150 million in loans made to the country for infrastructure projects. The action comes two weeks after the collection agency made headlines by attempting to seize a shipment of weapons bound for the African nation. KfW, a German state-controlled d
 
Topic: Government & Collections