The Reserve Bank of Zimbabwe is facing sanctions following allegations that it is being used for money laundering and illicit gold dealings.
Al-JazeeraIt details how a criminal syndicate allegedly linked to President Emmerson Mnangagwa is laundering money and smuggling gold from Zimbabwe to Dubai.
Undercover journalists posing as criminals have also exposed Mnangagwa’s ambassador-at-large, Ubert Angel, who was offering to use his diplomatic status to launder millions of US dollars through a gold-smuggling scheme.Zimbabwe Correspondent Ephert Musekiwa says, “The Reserve Bank Governor actually came out in the open and denied the allegations made bybefore the documentary was even aired. Remember that Fidelity falls under the bank so it’s the Governor who has to respond.
The 17 individuals who have been removed have been found no longer to undermine Zimbabwe’s democratic processes and institutions.
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