Phelekezela Mphoko named in forex scandal

July 27, 2017
| Report Focus News

Phelekezela Mphoko has been sucked into a dispute between Bulk Cash and Carry Wholesale (BCCW) and one of its employees who has made a report to the police, accusing the company of externalising foreign currency.

The allegations, which constitute a serious crime in Zimbabwe under the Money Laundering and Proceeds of Crime Act are contained in an affidavit lodged by BCCW’s operations manager, Oga Chafausipo, who was suspended from the company early this year.

Chafausipo had been employed by the company 16 years.

More to follow…