Breaking News

Gono warns on 'miracle money'

by Staff reporter
16 January 2013 | 7523 Views
RESERVE Bank governor Dr Gideon Gono yesterday warned the public against taking Spirit Embassy leader Uebert Angel Mudzanire's "so-called miracle money" and urged the "man of God" to stop his acts lest he lands the country in trouble with international law.

In an interview, Gono said although he had no intention of getting embroiled in controversies with the "prophet" regarding the "miracle money", he said Mudzanire should find alternative means to please his followers other than engage in activities that had the potential to invite international scrutiny.

"All my knowledge and experience to date in matters financial is also at variance with what the men of God are telling their followers and I can safely say that what they are telling people is very dangerous indeed and they must stop it forthwith. You cannot just wake up in the morning and say that my account has this much money which I cannot tell where it came from and hope that you can have access to it or escape interrogation by authorities. It's not possible," Gono said.

The central bank boss' remarks were in response to reports that Mudzanire had left several of his followers rich after they found their bank accounts credited with the "miracle money".

Others reportedly had cash mysteriously stashed into their pockets while attending his church services in Botswana last December and on New Year's Eve in Harare.

However, Finance minister Tendai Biti immediately issued a statement casting aspersions over the development and challenged Mudzanire to perform his exploits and raise the $10 billion required to offset the country's debts to prove his "miracle money" was indeed real.




Added Gono: "It is possible, however, that our men of God are not aware of all these serious earthly laws and could be at risk of breaking them unknowingly, but then, as the saying goes, ignorance of the law is no defence."

Gono said the "prophets" were not following the norms of sweat, hard work, honesty, opportunity and perseverance in accumulation of wealth.

"If money is 'faked' or counterfeited under whatever disguise, various international conventions and protocols to which all member countries, including Zimbabwe, are signatory to, require that we declare such miraculous money 'proceeds of money laundering' and continuing to encourage such practices is a very serious offence under the United Nations Convention on Suppression of Financing of Terrorism (1999),and the Convention Against Transnational Organised Crime, otherwise known as the Palermo Convention," he warned.

"In Zimbabwe, three main pieces of legislation govern legitimacy of money and its uses. These are the Bank Use Promotion and Suppression of Money-Laundering Act (Chapter 24:24), the Serious Offences (Confiscation of Profits) Act (Chapter 9:17) and the Suppression of Foreign and International Terrorism Act (Chapter 11:21)."

Gono warned citizens to be careful not to cause "or invite unnecessary attention and adverse scrutiny upon the country's financial systems for whatever reasons by sticking to acceptable, universally acknowledged earthly norms of earning money, enriching themselves and others they are privileged to lead".

"One suggestion maybe is to emulate the route taken by our Lord Jesus Christ when He fed multitudes of people from five loaves of bread and fish. It may not be such a bad idea to do that as food is a basic necessity for all that is visible and fills the tummies of congregants who can, if in need of more food, come back every day or on selected frequencies - a week/month - to the venue(s) of prayer, thereby keeping those who want, out of the misery of hunger and malnutrition. We are a country still under illegal sanctions and economic siege and, in any case, where were these miracle men and women of God during the period 1998 to 2008 (in the Zim Dollar era) when some of us were trying every trick in and outside the book to keep this country afloat," Gono said.

Gono Prophets

Source: newsday

Should Miss World Zimbabwe have been dethroned?

Yes
31.03%
No
64.37%
Not sure
4.6%
348

Comments

News Updates

Email:

Latest News

Violence mars Joshua Nkomo celebrations in South Africa

by Peter Matika | 02 August 2015 | 891 Views

Man rapes, bashes aunt on traditional healer's advice

by Staff Reporter | 02 August 2015 | 903 Views

Dan Tshanda returns to Bulawayo

by Ngqwele Dube | 02 August 2015 | 607 Views

Lecturer caught in a sex storm

by Richard Muponde | 02 August 2015 | 1470 Views

BCC faces possible dissolution

by Vusumuzi Dube | 02 August 2015 | 628 Views

Man caught bonking neighbour's wife, flees with condom on

by Staff Reporter | 02 August 2015 | 1648 Views

Mpilo hospital operates with one anaesthetist

by Dumisani Nsingo | 02 August 2015 | 349 Views

Cecil was much-loved by Yankees, just like Morgan Tsvangirai

by Sunday Mail contributor | 02 August 2015 | 486 Views

Mubobobo forces female teacher to perform sex moves in class

by Staff Reporter | 02 August 2015 | 1432 Views

Mugabe's company struggling to pay employees

by Staff reporter | 02 August 2015 | 729 Views

Mphoko fires 100

by Staff reporter | 02 August 2015 | 854 Views

Residents fight Chiyangwa

by Staff reporter | 02 August 2015 | 652 Views

Zimbabwe lose 90 000 jobs due to imports

by Staff reporter | 02 August 2015 | 591 Views

Foreigners stampede for Zimbabwe citizenship?

by Staff reporter | 02 August 2015 | 1409 Views

MDC-T ruffles Western donors

by Itai Mazire and Kuda Bwititi | 02 August 2015 | 846 Views

FlyAfrica dishes out $1 flights

by Roberta Katunga | 02 August 2015 | 958 Views

Sex storm pupils stranded

by Richard Muponde | 02 August 2015 | 1092 Views

Headmaster steals school fees

by Fairness Moyana | 02 August 2015 | 762 Views

Axe-wielding man fondles minor

by Sukulwenkosi Dube | 02 August 2015 | 478 Views

Man rapes his grandmother

by Fairness Moyana | 02 August 2015 | 574 Views

Zimbabwe lacks equipment to test for GMOs

by Staff reporter | 02 August 2015 | 381 Views

Cecil the lion's brother still alive

by Agencies | 01 August 2015 | 2102 Views

Zimbabwe's walking sick

by Professor Welshman Ncube | 01 August 2015 | 3067 Views

Will 'vendorisation' be Mugabe's lasting legacy?

by Clifford Chitupa Mashiri | 01 August 2015 | 2468 Views

Woman in Z$85 000 000 house fraud

by Steven Jacks | 01 August 2015 | 3104 Views

Umthwakazi University to have its first intake in October

by Stephen Jakes | 01 August 2015 | 3857 Views

Alleged serial robbers deny offence

by Staff Reporter | 01 August 2015 | 1393 Views

Entertainment

Thokozani Langa consoles Mtshengiseni Gcwensa's familly

by Staff Reporter | 01 August 2015 | 2100 Views

Stand-up comedy on the rise in Bulawayo

by Staff reporter | 01 August 2015 | 1632 Views

Heavy K expected in Bulawayo

by Staff reporter | 01 August 2015 | 1613 Views

Gwanda gospel music extravaganza confirmed

by Staff correspondent in Pretoria South Africa | 29 July 2015 | 3567 Views

Zim music industry dead - Prof Moyo

by Staff Reporter | 29 July 2015 | 4877 Views

Bev causes UK man to soil pants

by Bongani Ndlovu | 28 July 2015 | 9122 Views

Maskandi Mtshengiseni Gcwensa dies

by Stephen Jakes | 28 July 2015 | 6813 Views

Let me be! - Acie Lumumba

by TWZ | 28 July 2015 | 3644 Views