RBZ Forex Scam: Mangudya Next On Line, Banker

A senior banker at the Reserve Bank of Zimbabwe (RBZ,has revealed that the suspension of four directors in connection with illegal foreign currency dealing is only a strategy  to remove all long-serving stalwarts, including  the governor John Mangudya , so as to line up the bank with easily intimidated personnel.

According to the unnamed source,the suspended four are well known as the stalwarts of uprightness at the RBZ who are incorruptible, unmoved by threats and straight as rulers.

“The strategy is to remove all long-serving stalwarts, including John Mangudya himself, so as to line up the bank with easily intimidated personnel that could be aligned one way or the other. Most of those so-called corrupt directors have served all three past governors. How come only now, their sins are seen?”

He added:  “I can vouch 100 percent innocence for Mirirai Chiremba, Gresham Muradzikwa, Azvinandawa Saburi and Norman Mataruka, the four Reserve Bank of Zimbabwe directors accused of running a forex cartel. These are the stalwarts of uprightness in that institution – incorruptible, unmoved by threats and straight as a ruler.”

The source, according to Zimlive, said there is a background to why all of them are being targeted.

“Saburi is head of forex allocations and won’t be intimidated if your paperwork is not sufficient. Your story must be tight, or you won’t get a cent. He does not work alone but chairs a very powerful committee,” the source said, according to Zimlive.com.

“Chiremba is head of anti-money laundering and again, a modest, but very intelligent and incorruptible gentlemen with a strong no-nonsense reputation locally, regionally and internationally. He has had running battles with the corrupt in this country and knows them all! It’s the same with Muradzikwa, hence both being targeted for removal.

“Mataruka is head of bank supervision and is registrar of banks with powers to close banks. He is an International Monetary Fund country and regional expert whom the IMF assigns countries to go and inspect. He is the author of all reports and findings that led to the closure of all the banks that have been shut down since 2004,”said the source, according to Zimlive.com.

The source added that the RBZ should have consulted the Zimbabwe Anti Corruption Commission to investigate if there was concrete  evidence than to use Acie Lumumba.

“There are real reasons for targeting all these stalwarts. If they have evidence, why not bring it out or call on Zimbabwe Anti-Corruption Commission to investigate than use a tainted person to taint others? How come it’s Acie Lumumba announcing? To say that they are causing Ncube headaches is laughable. So early into Ncube’s term of office?

“Lumumba and his boss Ncube are on a trajectory of vendettas! This nation will burn if the truth is to come out. Whoever is behind it knows Chiremba, Muradzikwa, Saburi and Mataruka have intimate knowledge of all the dirt they have been up to. Why is Lumunba exonerating Mangudya yet he is head of the institution? How come Ncube hires this Lumumba to do pronouncements he himself ought to make?,”asked the source.



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