Breaking: RBZ director arrested for money laundering

The suspended officials are Mirirai Chiremba, Norman Mataruka, Gresham Muradzikwa and Azvinandawa Saburi.
The Reserve Bank of Zimbabwe has upgraded the RTGS platform to include the United States dollar to facilitate settlement of Nostro FCA transactions.

Veteran banker and  Reserve Bank of Zimbabwe  director of financial intelligence Mirirai Chiremba has been arrested.

Chiremba is expected to appear in court Thursday afternoon to answer to charges of money laundering, the Mail and Telegraph has learnt.

Chiremba is part of the four central bank directors who were recently suspended from the apex bank by governor John Mangudya after  a whistle-blowing exercise by ZANU PF activist Acie Lumumba which implicated them in abuse of office allegations.

Chiremba was in 2008 also suspended by the then governor Gideon Gono on similar allegations but survived the chop under unclear circumstances.

When reached for comment, RBZ governor Mangudya could neither confirm nor deny the development stating that at law, he is not obligated to  comment on such matters.

“Its sub judice to comment on issues which are under investigation,” he said.

The Zimbabwe Republic Police national spokesperson Charity Charamba was not available for a comment.

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