Minister of Finance and Economic Development Patrick Chinamasa yesterday professed ignorance towards the existence of a parallel market where people are buying cash at huge premiums from cash dealers. Chinamasa said that he needed more time to look into the issue as he was unaware of the existence of cash dealers. Chinamasa went on to add that there was no law which criminalised the selling of cash. Responding to a question from Shamva South Member of Parliament Cde Joseph Mapiki on what the government was doing about cash dealers, Chinamasa said:
The law to jail people (dealing in cash) is not yet there. What is there are penalties for those found doing that.
We have agreed as Cabinet that a law be put in place. I am not saying cash is not being sold, but I do not know about it because I would not be there when people sell it.