National Merchant Bank of Zimbabwe, NMB has moved to clear its name after clients panicked over social media and online reports that the financial institution was under investigation by the Zimbabwe Anti-Corruption Commission, Zacc for money laundering and receiving bribes to process telegraphic transfers.
In a press statement NMB Chief Executive Officer, Benefit Washaya, refuted the claims. He said the bank is on a solid financial position and “is complaint with the relevant regulatory requirements.”
An online publication posted a story alleging that the Chief Banking Officer, Lionel Chinyamutangira and head-treasury Addison Shoniwa were sent on forced leave to facilitate investigations by an internal audit.
The reports further said 34 members of staff and their relatives were involved in illegal money laundering deals.