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Allegations RBZ Is Involved In Money Changing Should Be Investigated- Mthuli Ncube

5 years agoSun, 21 Oct 2018 23:11:04 GMT
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Allegations RBZ Is Involved In Money Changing Should Be Investigated- Mthuli Ncube

Responding to questions during a ZBCtv current affairs programme, Zimbabwe Today hosted by Tawanda Gudhlanga last Thursday, Finance Minister Mthuli Ncube saidhe thinks the Reserve Bank of Zimbabwe (RBZ) is not involved in the parallel market.

He added that the central bank was part of the solution to money laundering. He however said if there are any individuals from RBZ are involved in the parallel market they ought to be investigated. Said Ncube:

I don’t know whether there is a ‘mafia’ or any bigwigs involved in the parallel market, but clearly there’re people involved . . . But I can assure the nation that the organs of law are looking into that and are going to deal with that to make sure that illicit behaviour or money laundering in that way stops and individuals who are doing that should curtail those activities and desist from such illicit behaviour. I don’t think the Reserve Bank is part of any illicit activity that is as far as I know. Certainly, the Reserve Bank is part of the solution and certainly if there’re some allegations like that, obviously, they’re going to be investigated in the usual way like any individual ought to be investigated in the usual way and the long arm of the law will certainly take its course.


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