Zimbabwe News and Internet Radio
Browsing Tag

Ecobank

Zifa in US$750k judicial funds scam

Four top Zifa board members moved US$740 000 from Zifa’s nostro account into the bank account of a private company belonging to one of them in 2019, allegedly to block a debtor using a court-issued garnishee order grabbing a small fraction…
Read More...

Our hands are clean: Ecobank

The Reserve Bank of Zimbabwe’s Financial Intelligence Unit is investigating the Ecobank Zimbabwe customer pictured with the $15 000 in new notes that he had withdrawn from the bank, to establish if the money was sold on the parallel market…
Read More...

Zifa in $700k scam

At least US$700 000 disbursed by the world’s soccer governing body Fifa disappeared from a Zifa account and found its way into private bank accounts of some of the association’s executive members, court documents have revealed.
Read More...