By A Correspondent- The Commercial Bank of Zimbabwe has clarified on pictures doing the rounds on social media portraying a bin full of bond coins reflecting to have been withdrawn from the bank.

The bank said there is nothing illegal about the bank disbursing such an amount to their client, since everything was done above board.

The pictures caused a stir among netizens with most people alleging that the coins had been leaked to the parallel market.

Read the CBZ notice:

STATEMENT ON PICTURES OF BIN CONTAINER WITH BOND COINS CIRCULATING ON SOCIAL MEDIA

In response to social media publications circulating, we would like to advise members of the public that CBZ Bank Limited conducted internal investigations regarding the issue raised.

The results confirm that a withdrawal of $1 and $0.25 bond coins took place at one of our Branches. The withdrawal, by a corporate customer, in the gaming business, was an authorised transaction that fulfilled regulatory requirements.

The funds in the container were a display of a subsequent pay-out to a punter at the aforementioned corporate customers’ premises.