Breaking News

Gono warns on 'miracle money'

by Staff reporter
16 January 2013 | 7238 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 Mujuru skip the border and fax her resignation?

Yes
15.21%
No
82.4%
Tough choice
2.39%
1341

Comments

News Updates

Email:

Latest News

2 Zimbabwean brothers escaped death in KwaZulu-Natal - Durban - Two Zi...

by Staff reporter | 24 November 2014 | 2581 Views

How Mugabe has successfully manipulated Zanu-PF for 34 years - Preside...

by Prince Tongogara | 24 November 2014 | 1386 Views

Zanu-PF taking advantage of Mugabe's age - As president Robert Mugabe ...

by Chris Goko | 24 November 2014 | 1824 Views

Zanu-PF is disintegrating - Zimbabwe is again at an "interesting" plac...

by Eddie Cross | 24 November 2014 | 2184 Views

Why Mugabe should go now! - When someone is sick the doctor looks for ...

by Pius Wakatama | 24 November 2014 | 2157 Views

Stop 'buying' people with your money, prophet Magaya told

by Staff Reporter | 24 November 2014 | 4255 Views

Mnangagwa wins $50 million defamation against Bhasikiti

by Staff reporter | 24 November 2014 | 3476 Views

Mugabe to keep 'his Zimbabwe' into the grave

by Farai Mbira - ZUNDE | 24 November 2014 | 2471 Views

ZBC suspends Tazzen Mandizvidza and 3 managers - The Zimbabwe Broadcas...

by Staff reporter | 24 November 2014 | 4215 Views

Grace Mugabe's dirty tricks could hurt Mugabe - In two weeks, Presiden...

by Ray Ndlovu | 24 November 2014 | 5002 Views

Maid in toddler torture video faces murder charge - Police have amend...

by Staff Reporter | 24 November 2014 | 4282 Views

Mugabe in politburo jibes - President Robert Mugabe yesterday demonstr...

by Staff reporter | 24 November 2014 | 4927 Views

'I quit' - Goche - Politburo heavyweight Nicholas Goche dramatically q...

by Staff reporter | 24 November 2014 | 7740 Views

Baba Jukwa saga sop up Mutsvangwa

by Staff Reporter | 24 November 2014 | 6636 Views

Pregnant Zimbabwean women suffer at 'hellish' SA hospitals - Priscah N...

by Staff reporter | 24 November 2014 | 3852 Views

Tsholotsho FC shun Bulawayo relocation - NEWLY promoted PSL side Tshol...

by Supersport | 24 November 2014 | 2944 Views

The truth about snake on ATM in Harare

by Concerned citizen | 24 November 2014 | 7889 Views

Injivas exchange wives in a 'tit for tat' - CAN it be classified as a ...

by Gibson Mhaka | 24 November 2014 | 5868 Views

Tout caught pants down with lover in office! - A BULAWAYO based teenag...

by Danisa Masuku | 24 November 2014 | 5616 Views

Former Miss Zimbabwe in fist fight over hubby - VIVACIOUS former Miss ...

by Nhtalwenhle Ncube | 24 November 2014 | 5011 Views

Beitbridge bus accident: Removal of the Stuck Drivers - Video

by Thomas Arnold | 24 November 2014 | 3944 Views

Zim artist stabbed to death in South Africa - A ZIMBABWEAN man was fo...

by Staff Reporter | 24 November 2014 | 3267 Views

All Zimbabwean families to be tested for HIV/AIDS - Government has emb...

by Staff Reporter | 24 November 2014 | 3220 Views

Ousted Zanu-PF officials 'smuggled; into Congress - SOME Zanu-PF membe...

by Staff Reporter | 24 November 2014 | 3181 Views

'Grace's reckless attacks on Mujuru are dangerous' - POLITICAL analy...

by Staff Reporter | 24 November 2014 | 3226 Views

Mujuru's fate now in Mugabe's hands - PRESIDENT Robert Mugabe has cha...

by Reuters | 24 November 2014 | 3043 Views

Pasuwa quits Dembare - HISTORY making Dynamos coach Callisto Pasuwa se...

by Sports Reporter | 24 November 2014 | 5237 Views

Francis Nhema, Flora Buka applications rejected

by David Shumba | 24 November 2014 | 3614 Views

Mugabe picks Oppah Muchinguri for Vice President

by Mary-kate Kahari | 24 November 2014 | 13243 Views

Entertainment

Zimbabwean comedy is officially funny in Australia

by Staff reporter | 24 November 2014 | 1297 Views

Zanu-PF youths release album - ZANU-PF youths in Nyanga have recorded ...

by Talent Simbi | 22 November 2014 | 1463 Views

Tuku tribute dinner postponed - With all the preparations at a very ad...

by Tuku Music | 21 November 2014 | 2554 Views

Promoters, bouncers clash

by Staff Reporter | 21 November 2014 | 2254 Views

Joy as Mthwakazi artists Unite - 5:03am, Nov 21 - ‪+27 7* *** ****: ...

by Paul Masuku | 21 November 2014 | 1614 Views

Mafikizolo billed for Zimbabwe show - South African music duo Mafikiz...

by Staff reporter | 21 November 2014 | 3145 Views

Miss Zimbabwe's bid for Miss World pageant doomed - Miss Zimbabwe Tend...

by Staff reporter | 20 November 2014 | 2291 Views

Victory for Alick Macheso

by Staff reporter | 20 November 2014 | 6983 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

Time To Kiss Zimbabwe Goodbye Forever.

By israel dubethings fall apart at zanupf. brother turns against brother, sister betrays sister. the center cannot hold anymore. as the walls of oppression and discrimination collapse, matebeles must make sure that they do not find themselves lost i... Read More
myAfroTube 03 November 2014 ago