CAR DEALERSHIPS WASHING DIRTY MONEY

The Reserve
Bank of Zimbabwe’s fight against dirty money has put car dealerships under the
spotlight of the bank’s Financial Intelligence Unit amid revelations that
automobile trading ranks high across all risk metrics.

FIU director
general Mr Oliver …

The Reserve Bank of Zimbabwe’s fight against dirty money has put car dealerships under the spotlight of the bank’s Financial Intelligence Unit amid revelations that automobile trading ranks high across all risk metrics. FIU director general Mr Oliver Chiperesa warned that the sector had become the single most vulnerable spot in the country’s financial system. “The national risk assessment is a