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Former RBZ advisor exposes Gono's financial misdemeanours

by Staff reporter
13 Feb 2012 at 10:08hrs | Views
The former advisor to RBZ governor Gideon Gono has reportedly authored a 20-page dossier detailing his ex-boss's financial misdemeanours.

Munyaradzi Kereke and other Zanu-PF sympathisers have allegedly drawn up a report, "Summary of financial and economic threats to the survival of Zanu-PF and maintenance of state security in Zimbabwe."

The authors reported Gono to Zanu-PF for allegedly weakening and sabotaging the party through supporting pro-MDC policies.

The authors claim to have unearthed "very significant financial and economic threats to national security and to the survival of Zanu-PF."

The dossier claims Gono gave the go ahead for Econet to create a parallel central bank by allowing it to launch its mobile money platform, EcoCash, which allows its subscribers to make payments using cellphones.

The reports alleges Econet has now established a quasi bank web that is poised to become he largest handler of cash in the country at a time when the country's financial system is very dry of liquidity."

Gono also allowed the expansion of TN Financial Holdings under a plan to penetrate popular business lines that could be used for political advantage.


Source - Sunday Times