Farai Dziva|MDC Alliance vice president, Hon Tendai Biti has sensationally revealed how Zanu PF is stealing State funds through the Reserve Bank of Zimbabwe.

The former Finance Minister described the RBZ as a rogue bank that is being used to fund illicit Zanu PF programmes and tyranny.

“The RBZ is a rogue bank that has been key to sustaining the ZANU agenda of regime survival and state capture . In 1 year alone it has contracted debt of US$2.5 b without approval from Parliament and in breach of the of the constitution,the Debt Management Act ,the PFMA and the RBZ Act

A huge chunk of the RBZ US$2.5 b debt is from the African Export and Import Bank (Afrexim ) and has been used to prop up the rigged one supplier FX auction .

Parliament has made it clear that the law must be followed . S 327 of the constitution requires prior approval of Parly…

The RBZ Quasi Fiscal Activities centered around illicit dealings in foreign currency,fuel,debt , Command Agriculture, TBs ,fuel and energy subsidies ,minerals and minerals securitization, export surrender requirements , money creation and ZAMCO make it the most dangerous organ in Zim,” Hon Biti wrote on Twitter.