Police investigate Biti


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Police today said they had launched an investigation into how US$20 million which was invested by Finance Minister Tendai Biti with Interfin Bank disappeared. The money was part of a US$500 million International Monetary Fund emergency package and Interfin was appointed to be the fund manager for the $20 million. “Yes the money is missing. The fact that Interfin was appointed the fund manager means it was them who were handling the money and not me,” Biti told a local newspaper.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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