HARARE - Speculation emerged this week that the Reserve Bank may have been printing two or more Zimbabwe dollar notes with the same serial numbers.

A source at RBZ, who asked not to be named, said there was “a real possibility” that, for each note with an officially recorded number on its face, there was a second exact copy handed to Zanu (PF).

This system of fraud was perfected in the former Zaïre under late dictator, Mobuto Sese Seko, who produced a stash of unrecorded notes for his own use.

The RBZ official said that he and several of his colleagues had recently been questioned over the allegations.

“It is quite possible,” he said. “The team heading the bank had total control of the process, so they would have been able to produce several versions of each Zimbabwe dollar note.”

Separate reports have spoken of truckloads of money being delivered to the army, CIO, youth militia and Zanu (PF) headquarters. There are also well-documented cases of senior party members swapping Zimbabwe dollars for foreign exchange on the black market.


The Zimbabwean

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