A probe into the Zimre Holdings Ltd (Zimre) rights issue debacle by the Reserve Bank of Zimbabwe's anti-money laundering unit, Financial Intelligence Inspectorate and Evaluation Unit (FIIE Unit), is centred on whether NMB Bank used depositors' funds when it underwrote the US$15 million capital raise and whether the money was already onshore, businessdigest has established.
Sources close to the developments said the FIIE Unit is keen on establishing whether the funds used to pay for the shares in Zimre were not funded locally before the closure of the rights issue and whether the financial institution used its own capital.
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