Skip to content

Zimbabwe: Central Bank Conceals U.S.$1 Billion Fat Cat Loans

Posted by All Africa on

[Zimbabwe Independent] The Reserve Bank of Zimbabwe (RBZ) has refused to hand over a list of beneficiaries of non-performing loans (NPLs) totalling US$1,13 billion which were inherited by the taxpayer via the Zimbabwe Asset Management Corporation (Zamco), forcing the Parliamentary Portfolio Committee on Public Accounts (PAC) to consider a lawsuit.

0 comments

Leave a comment

Please note, comments must be approved before they are published