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*Mahere 'Reveals' How Zimbabwe's Banking System Was Raided By Elites* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kx MDC secretary for Education Fadzayi Mahere has hypothesized how the Zimbabwean government and political elites raided the banking system and left the country bankrupt. Posting on Twitter on Thursday, Mahere postulated that the grand heist was deliberately planned and meticulously executed. This was how it was done: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > How to raid an entire banking system: > 1.”Borrow” US$20bn from banks > 2. Give banks “treasury bills” > 3. Introduce “bond notes” > 3. Create fake 1:1 parity > 4. Squander & loot the US$20bn > 5. Remove 1:1 > 6. Let rate run > 7. Make debts payable in Z$ at 1:1 by law > 7. “Pay back” debts *More: @advocatemahere* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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