Former minister gives RBZ 24 hour ultimatum to resign

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Terrence Mukupe, the former deputy minister of finance and economic development
Terrence Mukupe, the former deputy minister of finance and economic development

Harare – Former finance deputy minister and Zanu PF legislator for Harare East Terence Mukupe has given the suspended Reserve Bank of Zimbabwe (RBZ) senior manager Norman Mataruka a 24 hour notice to resign or he spills the beans and provides corruption evidence against him.

Mukupe posted on his Facebook wall alerting the Zimbabwe anti-corruption chairperson Goodson Nguni that if Mataruka does not resign from RBZ within the next 24 hours then he will be ready to be a star witness and provide evidence of corruption by the RBZ official.

“ZACC Chairman Mr Nguni…. If this economic saboteur and thief does not resign from the RBZ within the next 24hrs I’m offering myself as a star witness with all the primary evidence you need,” Mukupe wrote.

The development comes on the backdrop of the suspensions of four senior executives following allegations of corruption and illegal foreign currency dealings by the RBZ.

Following a live Facebook video by Acie Lumumba which accused apex bank’s head of supervision Norman Mataruka, director financial markets Azvinandawa Saburi, director financial intelligence Mirirai Chiremba and head of security Mr Gresham Muradzikwa of various crimes ranging from off-the-books bond notes circulation to corrupt allocation of foreign currency, the RBZ moved to suspend them.

RBZ governor, in a statement said: “The Reserve Bank of Zimbabwe 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.”