Biti slammed

Finance Minister Tendai Biti came under attack for his $20 million rescue of Renaissance Merchant Bank with most accusing the minister of double standards, adding that the deal was a waste of public funds. Reports said today Biti had authorised the National Social Security Authority to pump out $20 million into the troubled bank to prevent a possible sector-wide contagion.

(28 VIEWS)

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *