RBZ suspends four top managers

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday indefinitely suspended four senior managers on allegations of corruption raised against them by the then chairperson of the Finance and Economic Development Communication Taskforce, Mr Acie Lumumba.

The managers are Messrs Mirirai Chiremba (Director Financial Intelligence), Norman Mataruka (Director Bank Supervision), Gresham Muradzikwa (Head of Security) and Azvinandawa Saburi (Director Financial Markets).

“The RBZ wishes to advise members of the public that following allegations of impropriety levelled against senior officials of the Bank namely, Messrs Mirirai Chiremba, Norman Mataruka, Gresham Muradzikwa and Azvinandawa Saburi, by Mr Lumumba, the bank has found it necessary, for the sake of transparency and good corporate governance, that the allegations be followed through and investigated in line with the Bank’s Employment Code of Conduct.

“Consequently, on 22 October 2018, the bank suspended the quartet from employment for an indefinite period to pave way for the investigations. Once the investigations have been concluded, the public shall be advised of the outcome and appropriate corrective action to be taken as dictated by the outcome of the investigations,” said Dr Mangudya. — The Herald.

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