Gono sponsors Herald ad admitting he stole money from farmers
30.04.2009
Reserve Bank Governor Gideon Gono, battling to block an investigation into his alleged illegal activities at the bank, has splashed out cash to sponsor a 20 page supplement in the state owned Herald newspaper on Monday. In the advert Gono, who is accused by Finance Minister Tendai Biti of running a parallel government structure, admitted raiding US$18 million that was meant to go into the accounts of tobacco farmers. This he did without their authority. On top of owing wheat farmers US$2 million the governor has already admitted taking more than US$30 million from accounts belonging to the country’s gold mines.