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I don't have the power to stop bond notes trading on the black market: Mangudya

6 years agoSun, 10 Sep 2017 09:24:24 GMT
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I don't have the power to stop bond notes trading on the black market: Mangudya

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has admitted that he is powerless to stop bond notes from trading on the black market. Instead, he passed the buck to the police.

The Reserve Bank is not an arresting entity, it is a regulator. You should ask the same questions to the people who are responsible for that area.

RBZ is not an arresting entity and we don’t have those arresting powers. That question should be directed to the people in charge of law and order otherwise you are empowering me too much.

I have got my limits and my limitations and one of the limits is that I don’t go that far

More: The Standard

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