Zimbabwe: Central Bank Raids U.S.$3,2 Billion in Depositors' Funds – AuthenticAfrican

Posted on by All Africa

[Zimbabwe Independent] The Reserve Bank of Zimbabwe (RBZ) raided depositors' accounts, wiping out US$3,2 billion in the process, before introducing bond notes in 2016 and eventually outlawing the use of foreign currency in a grand heist which left individuals and companies high and dry, a parliamentary inquiry has found.