Zimbabwe: Big corporate scandal uncovered

Police in Harare have launched a massive investigation into allegations that Premier Finance Group, chief executive officer Raymond Chigogwana has siphoned about Z$926 billion from the bank through alleged foreign currency deals using shelf companies of friends and family members. The crime is alleged to have been committed in October and has sucked Zimbabwe's central bank, whose governor, Gideon Gono has summoned Chigogwana to explain the circumstances surrounding the disappearance of was could turn out to be Zimbabwe's biggest corporate fraud.