Sundaymail Editor
Online reporter
Reserve Bank of Zimbabwe (RBZ) has released a list of 30 people who are allegedly abusing telecommunication services and social media platforms to promote and facilitate illegal foreign exchange and money laundering activities.
In a statement on Tuesday, RBZ Governor Dr John Mangudya said the Financial Intelligence Unit (FIU) has also requested the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) to bar the individuals from operating mobile phone lines.
“The FIU has identified individuals listed hereunder, who are abusing mobile telecommunications services and other social media platforms to promote and facilitate illegal foreign exchange and money laundering activities.”
Dr Mangudya also said FIU has instructed all banks, mobile operators and other financial service providers to identify and freeze any accounts operated by these individuals and to bar them from accessing financial services for a period of two years with immediate effect.
“The FIU in collaboration with law enforcement agencies will continue to monitor various social media and bank accounts to identify and take action against perpetrators of illicit dealings,” he said.
FIU was established in 2004 in terms of Section 3 of the Bank Use Promotion and Suppression of Money Laundering Act.
Online Reporter