Cashiers at the city of Harare have been warned to stop the practice of intercepting thousands of dollars in cash and substituting it with electronic transfrers. This follows a report from Audit Manager Mr Joseph Issa.
Part of Issa’s report reads:
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A review of the Point of Sale Machine transactions for the period 13 February to 16 February had revealed that cash was being raised on behalf of card holders whose bank accounts were debited and various amounts credited to several ratepayers accounts.
The committee enquired whether money laundering was not an offence. The Acting Chamber Secretary reported that it is a criminal offence and an act of misconduct. The audit manager further advised that from the enquiry he made with the Reserve Bank of Zimbabwe it was a criminal offence.
Finance director Tendai Kwenda and Mr Issa have since warned cashiers that they face disciiplionary action for the offence.