Government financial indiscipline has finally caught up with them. The Netherlands Bank, ING has filed a law suit over the 32 million euros it is owed by the Zimbabwe government. The law suit was filed in the Supreme Court of Bermuda after government defaulted on loan repayments. The money was borrowed via the Ministry of Finance in 1994 and used to finance the digitalisation exercise by the Post and Telecommunications Corporation. The installation was carried out by telecommunications firm Intelsat.

Zimbabwe Independent journalist, Godfrey Maravanyika says government has no foreign currency to keep up with the loan repayments and so they have defaulted on payments. Legal experts from the Dutch Bank warned that government risked having its property in Europe attached if it did not pay up. At risk is the Zimbabwean Embassy in London, vehicles belonging to diplomats and even Air Zimbabwe planes making trips into Europe. The bank could seek an order asking for these assets to be seized and auctioned off.