Some banks have started firing their employees after the Reserve Bank found out about corrupt activities they have been into.

Dr Gideon Gono said that after his teams came out with evaluations of how banks are operating, most of the bank employees were found to be engaging into corrupt deals.

“As I speak now, some banks are in the process of firing their employees who were found to be engaging in corruption,” he alluded.

“Some big guys have accounts in the names of their children who are six months old and one shudders to think how on earth a six month old can spin money in their accounts as we found out in our research,” said Dr Gono.

Others were said to be opening shelf companies that are never known of what business they are into other than to move money illegally.

Shops and manufacturers had their fair share of blame when Dr Gono mentioned that these entities had resorted to selling cash to the public. According to him some shops were now in the habit of giving tremendous amounts of money to individuals in the business of cash baroning creating cash shortages to the general public.

Dr Gono on being asked if he would divulge the names of the big guys he is always talking about that are into cash baroning he said he knows three quarters of these people and if asked before a parliament portfolio committee, he would name them. He also blamed the system in the land at the moment as it was letting him down on seeing that those caught to be engaging in corrupt ways were brought to book. He also lambasted those doing rounds buying forex on the black market saying g that they have been sent by him.

“There are a lot of people doing rounds saying they have been sent by the Reserve Bank and we have their names and proper action shall be availed to them,” he said.

Dr Gono had earlier on in the start of the interview apologized to the suffering of most innocent people due to the current cash shortages. He said it was his hope and the central bank that all corruption vices will be dealt with in the coming year.

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