FULL TEXT: RBZ Warns The Public About Bogus Officials

PRESS STATEMENT ON CERTAIN INDIVIDUALS MASQUERADING AS RESERVE BANK OF ZIMBABWE OFFICIALS

It has come to the attention of the Reserve Bank of Zimbabwe (the Bank) that there are certain people posing and masquerading as Bank officials in their foreign exchange dealings on the parallel market. The Bank does not deal on parallel markets and does not and will not deploy any of its officers or employees on the foreign exchange parallel market as suggested by those defamers or imposters.

The Bank urges members of the public to dismiss this misinformation with the contempt it deserves. Allegations or misrepresentations that the Bank deploys its officials to engage in foreign currency parallel market activities is not only mischievous but also defamatory and designed to cause panic and instability in the foreign exchange market.
The Bank takes a serious view of such mischief and urges any person with information of any defamer or imposter to make a report to law enforcement authorities or to the Financial Intelligence Unit on 071 9 447 295. A monetary reward will be paid, in line with the Bank’s Whistleblowing Policy, for positive identification of the defamers or imposters.

John P Mangudya Governor
2 June 2020

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