Top RBZ bosses suspended

Must Try

Trending

Nehanda Radio
Zimbabwe News and Internet Radio

Reserve Bank of Zimbabwe Governor, Dr John Mangudya, has suspended with immediate effect four senior managers following allegations of impropriety raised against them by Mr Acie Lumumba.

Acie Lumumba, the newly appointed chairman of the Ministry of Finance communications taskforce accused the senior RBZ officials of running a foreign currency cartel at the central bank.
Acie Lumumba, the newly appointed chairman of the Ministry of Finance communications taskforce accused the senior RBZ officials of running a foreign currency cartel at the central bank.

The managers are messers Mirirai Chiremba, Norman Mataruka, Gresham Muradzikwa and Azvinandawa Saburi. 

Lumumba, the newly appointed chairman of the Ministry of Finance communications taskforce accused the senior RBZ officials of running a foreign currency cartel at the central bank.

In a Facebook Live video Sunday evening, Lumumba fingered RBZ Director Bank Supervision Norman Mataruka, Director Financial Markets Azvinandaa Saburi, Director Financial Intelligence Mirirai Chiremba and Head of Security Gresham Muradzikwa, accusing them of crimes ranging from off-the-books bond notes to corrupt allocation of foreign currency.

Lumumba absolved the RBZ chief Mangudya of any involvement in what he termed state capture.

“Muradzikwa has more money in his bank account than all his bosses … I do not believe Mangudya is involved,” Lumumba said.

Lumumba went on to accuse Muradzikwa of using his access to the flight manifest that guides the movement of bond notes from their printing press in Eastern Europe up to delivery in Harare.

According to Lumumba, the delivery plane always stops by Mozambique or South Africa where a chunk of the newly minted bond notes are offloaded and then smuggled into Zimbabwe in bales.

“Five RBZ directors have made Mthuli’s life impossible. I will not allow that. This country is being run by a cartel and Minister Ncube is going to break that cartel …

“This cartel is being run by Queen B … I used to go to Kasukuwere’s house and Queen B was always there … Queen B gave us the money for the Amai Mugabe rallies.”

Sakunda’s Kudakwashe Tagwirei who dominates the fuel industry and Command Agriculture was also named as a part of the supposed Queen B cartel. Lumumba claimed to have access to financial intelligence provided to him during briefings with Minister of Finance Mthuli Ncube.

Related Articles

Acie Lumumba posted two pictures featuring Nelson Chamisa and his family when he was discharged from hospital after successful cancer surgery and the other one at the funeral of his mother

Why Nelson Chamisa can never win: The “Trust Me Bro” crisis in Zimbabwe’s opposition

0
Nelson Chamisa has become Zimbabwe's most visible opposition figure, leading various formations since Morgan Tsvangirai's death in 2018. He has contested two presidential elections, lost both, and now returns in 2026 with yet another political vehicle—"Agenda 2026."
Acie Lumumba, Kudakwashe Tagwirei and Scott Sakupwanya (Picture via Facebook - Acie Lumumba and Betterbrands Media)

‘Zimbabwe has been fully outsourced to clowns, mercenaries, coke-fuelled tenderpreneurs’

0
Zimbabwe is a nation living through a political horror movie written as slapstick comedy. Each week brings new plot twists, fresh actors, and louder stupidity, but this past week outperformed itself.
Outspoken Zanu-PF activist and businessman Acie Lumumba has stirred fresh controversy after accusing socialite Pokello Nare of contributing “nothing” to the ruling party (Picture via Facebook - Acie Lumumba and Pokello Nare)

Lumumba accuses Pokello of adding “no value” to Zanu-PF, alleges Scott linked to drug...

1
HARARE - Outspoken Zanu-PF activist and businessman Acie Lumumba has stirred fresh controversy after accusing socialite Pokello Nare of contributing “nothing” to the ruling party while also alleging that controversial gold dealer Scott Sakupwanya is linked to drug inflows into the country.
Outspoken Zanu-PF activist and businessman Acie Lumumba (Picture via YouTube - The Lumumba Files)

Acie Lumumba brands Temba Mliswa a ‘flip-flopper’ who mistakes noise for logic

0
HARARE - Outspoken Zanu-PF activist and businessman Acie Lumumba has lashed out at former Norton legislator Temba Mliswa, describing him as an “institutional termite” whose conduct led to his expulsion from the ruling Zanu-PF party.
Acie Lumumba and Kudakwashe Tagwirei (Pictures via Facebook - Acie Lumumba and X - @ZANUPF_Official)

Acie Lumumba claims Zanu PF Harare Province set up Tagwirei in “political ponzi scheme”

0
HARARE - Political commentator and former government advisor, Acie Lumumba, has accused Zanu-PF’s Harare Province of orchestrating a "political Ponzi scheme" to undermine businessman Kudakwashe Tagwirei’s attempt to gain influence within the ruling party.

Don't miss a story

Breaking News straight to your inbox.

No spam just news !

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Donate to Nehanda Radio

Latest Recipes

Latest

More Recipes Like This