zimcricketnews.com

Zimbabwe Cricket Chairman Peter Chingoka and MD Ozias Bvute have been arrested and charged with offences under the Exchange Control Act. A ZRP spokesman has confirmed the arrests, and expects the pair to appear in court soon. The pair were arrested after surrendering themselves to Harare Central police station.

The ZC board is now expected to remove the pair from office & begin a forensic audit of the ZC accounts, to determine exactly what state to board's finances are in, although it is already suspected the organisation is in serious financial trouble.

Depending on how events unfold from here, this may clear the way for a number of "retired" players, including former captain Tatenda Taibu, to return to the fold.

UPDATE: CricInfo are reporting that Chingoka and Bvute have been released without charge, after the Attorney General's office ruled they had "no case to answer". Today's stakeholder meeting is still due to go ahead - it's not clear what effect this news will have on proceedings there
Chingoka and Bvute released