Stories

Bulawayo business consultant Eric Bloch said central bank governor Gideon Gono was a genius who should be allowed to see his second term in office out because his removal would not be in the best interest of Zimbabweans.

(66 VIEWS)

Prime Minister Morgan Tsvangirai told United States ambassador James McGee and British ambassador Andrew Pocock on 10 April 2009 that the Movement for Democratic Change had damning information that the governor of the Reserve Bank of Zimbabwe Gideon Gono had transferred US$100 million from the central bank into a personal account.

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Constitutional and Parliamentary Affairs Minister Eric Matinenga told Members of Parliament in April 2009, two months after the formation of the inclusive government, that they should not view their seats in Parliament as jobs. They were serving the nation.

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Though members of the Movement for Democratic Change had criticised the government for years for spending money on luxury cars, they couldn’t say no when they were offered new US$50 000 E280 Mercedes Benz cars.

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Botswana Foreign Minister Phandu Skelemani said President Robert Mugabe said though he had only worked with Finance Minister Tendai Biti for a few weeks, he was his best Finance Minister ever.

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A senior executive of the Commercial Bank of Zimbabwe, where central bank governor Gideon Gono served was chief executive officer before moving to the central bank, said Gono had set the foreign exchange withdrawal ceiling too high probably to allow ZANU-PF cronies to move large amounts of money out of the country easily but to the detriment of the banking sector.

(61 VIEWS)

Six armed soldiers reportedly stole 175 chickens at one of Reserve Bank governor Gideon Gono’s farms.

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The military cut central bank governor Gideon Gono out of the Marange diamonds in late November 2008 and was now in full control, Newman Chiadzwa told United States embassy officials on 7 January 2009.

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A Zimbabwean businessman described as “a close embassy contact” told United States ambassador James McGee that five high ranking military officers were planning a coup shortly after the signing of the Global Political Agreement in 2008.

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Central bank governor Gideon Gono diverted US$8 million that was meant for HIV/Aids programmes of the Zimbabwe Association of Church Hospitals and nongovernmental sub-grantees but it was not clear what the money was used for.

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