Nestle's Zimbabwean accounts frozen
10.01.2009
Reserve Bank Governor Gideon Gono has confirmed his long held status as Mugabe's blue-eyed boy, by freezing the bank accounts of Nestle Zimbabwe, a week after the dairy firm stopped buying milk from Grace Mugabe.
Zimbabwe (1) -- Analyses -- 2009
More about the Nestle's frozen accounts in Zimbabwe
10.01.2008
A report in the weekly Zimbabwe Independent newspaper quotes Gono confirming the RBZ had ordered a forensic audit into Nestle's dealings. There were two or so transactions which were irregular.Gono denied the probe had anything to do with Nestle's decision to stop buying milk from Grace Mugabe's farm. The frozen of the accounts will paralyze the company’s business in Zimbabwe.