How a Zim tycoon's large windfall may have triggered a currency crash - News24

3/23/2022 12:00:00 AM3 years 1 month ago
by Felix Njini and Antony Sguazzin
by Felix Njini and Antony Sguazzin
An exposé by a nonprofit organisation revealed for the first time the extent how Kudakwashe Tagwirei, an adviser to President Emmerson Mnangagwa, benefited.
Zimbabwe’s central bank issued $3.4 billion worth of Treasury bills without following normal budget procedures and gave some of the securities to a tycoon, who used them to fund the acquisition of st… [+5431 chars]
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