Former RBZ Director Norman Mataruka dies of Covid-19

Norman Mataruka

HARARE – A former Director of Banking Supervision at the Reserve Bank of Zimbabwe (RBZ) Norman Matarukahas died.

According to reports, Mr Mataruka succumbed to the deadly Coronavirus after local health institutions – Borrowdale Trauma centre and St Annes reportedly declined him.

It is further alleged that Mataruka ended up at Parirenyatwa Group of Hospitals last night looking for a ventilator and eventually passed on this morning.

Mataruka who is believed to be the owner of Mana Resort first came to the spotlight after being suspended by RBZ Governor John Mangudya over money-laundering allegations by Acie Lumumba.

He was one of the employees that tendered in their resignation letters at the beginning of March after the central bank instituted a crackdown on some of its employees who it alleged were involved in illicit financial flows that include fuelling the parallel market.

More: Byo24