Breaking News

Gono warns on 'miracle money'

by Staff reporter
16 January 2013 | 7348 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

Does Prophet Magaya's anointing oil work?

Yes
17.15%
No
71.5%
Spiritual matters
11.35%
414

Comments

News Updates

Email:

Latest News

'Locks and Knives in Yeoville,' dissecting how Zim woman's thighs beca...

by This n That with Maluphosa | 01 March 2015 | 1839 Views

Netone introduces number matching service - NETONE looks set to incre...

by Mafu Sithabile | 01 March 2015 | 812 Views

Mavambo tells 91-year old Mugabe to step down - Some Zimbabweans say ...

by Gibbs Dube | 01 March 2015 | 1814 Views

Grand coalition needs Mujuru, Tsvangirai to be formidable - ZIMBABWE's...

by Staff reporter | 01 March 2015 | 1824 Views

Zanu-PF youths subjected to humiliating body searches, turned back - A...

by Staff reporter | 01 March 2015 | 1678 Views

Mugabe succession race still wide open - PRESIDENT Robert Mugabe has s...

by Staff reporter | 01 March 2015 | 1290 Views

'Mnangagwa, Mphoko do no inspire confidence' - ZIMBABWE's political an...

by Staff reporter | 01 March 2015 | 829 Views

MDC-T's financial position remains dire - THE Morgan Tsvangirai-led MD...

by Staff reporter | 01 March 2015 | 575 Views

The authenticity of the Bible - FOR one to believe in anything it mean...

by Reverend Paul Bayethe Damasane | 01 March 2015 | 818 Views

Vintage birthday present for Mugabe

by Vusumuzi Dube | 01 March 2015 | 1507 Views

Minister, government official face jail, says Mugabe - PRESIDENT Mugab...

by Vusumuzi Dube | 01 March 2015 | 1599 Views

Warning to Khaya Moyo - Kikikikikiki! Kikikikikiki! Pardon me dear rea...

by Bishop Lazarus | 01 March 2015 | 1755 Views

The dreams of Tsholotsho Pirates

by Ishemunyoro Chingwere | 01 March 2015 | 971 Views

Mpopoma teachers open an 'annex school', fleecing students

by Lungile Tshuma and Thulani Ndlovu | 01 March 2015 | 1124 Views

Iyasa, Sandra Ndebele perform at Mugabe's birthday - Videos - The long...

by Staff reporter | 01 March 2015 | 1187 Views

Former Miss Zimbabwe splash love on facebook - FORMER Miss Zimbabwe Lo...

by Mbongeni Msimanga | 01 March 2015 | 1174 Views

Mugabe exposes Mujuru's sangomas and rituals - President Mugabe yester...

by Tendai Mugabe | 01 March 2015 | 777 Views

Woman discovers hubby’s other marriage in court - A DECISION by a Ma...

by Walter Mswazie | 01 March 2015 | 948 Views

'Include Mugabe's legacy in school syllabi' - Respected educationist P...

by Staff reporter | 01 March 2015 | 430 Views

2 killed, 37 injured on their way to Mugabe's 91st birthday jamboree -...

by Tinomuda Chakanyuka | 01 March 2015 | 750 Views

Bulawayo City Council to retrench - THE Bulawayo City Council has set ...

by Vusumuzi Dube | 01 March 2015 | 721 Views

Mugabe confronts Mutasa over abused funds - Officials involved in corr...

by Levi Mukarati | 01 March 2015 | 800 Views

'Man of God' caught pants down - A SALVATION Army officer stationed at...

by Lungile Tshuma | 01 March 2015 | 1851 Views

Man kills brother in dispute over beer - A MAGWE man allegedly killed...

by Thulani Ndlovu | 01 March 2015 | 594 Views

Mugabe says, 'National Youth Service to be mandatory' - PRESIDENT Muga...

by Robin Muchetu | 01 March 2015 | 677 Views

Putin vowes to punish killers of Kremlin critic - Moscow - Russian Pre...

by Staff Reporter | 01 March 2015 | 651 Views

Entertainment

Popular Zim dancehall chanter arrested for fraud

by Liberty Dube | 27 February 2015 | 2548 Views

Group pens song for Mugabe - A 7-member group from Acturus has release...

by Staff reporter | 21 February 2015 | 1764 Views

Mathias Mhere saga takes new twist - Gift Mahlupeka, who allegedly che...

by Staff reporter | 20 February 2015 | 9936 Views

Mlambos Express Band flies Matabeleland Flag - Mlambos Express Band po...

by Entertainment Reporter | 20 February 2015 | 3173 Views

Will Smith's marriage is pretty much dead - For the past 18 years, Wil...

by BlackAmericaWeb | 19 February 2015 | 6761 Views

Bulawayo musician urges artists to work together

by Staff Reporter | 19 February 2015 | 2574 Views
iBlog

Auslogics Boostspeed 7 - More Powerful And User-friendly Than Ever

Auslogics boostspeed 7 - more powerful and user-friendly than ever!wondering how to fix slow computer performance? experts recommend auslogics boostspeed 7 - the most comprehensive system optimization software! auslogics boostspeed 7 is here!the bran... Read More
ITnews 26 August 2014 ago

Rules Or Relationship

The dog does not need a lead to go for a walk. its owner can just speak a word and the dog responds. now, we are not comparing ourselves to dogs, we are comparing performance-based christian living to relationship-based christian living. big, big ... Read More
LindaDiokpa 30 December 2014 ago