WHEN Tumfweko first exclusively unearthed some ‘dirty operations’ which were taking place at the Bank of Zambia (BoZ) months ago, others thought it was just hearsay.
The BOZ has now come out in ‘the open’ and officially announce the new company printing Zambian kwacha notes.
Giesecke and Devrient GmbH (G and D), a German firm, has been given a contract to print Zambia’s currency, the Kwacha, starting from last year running through 2012, the Bank of Zambia (BoZ) has disclosed without stating how much the company would be paid.
‘The company is the printers of all banknotes under the 2010- 2012 currency supply contracts’ said Bwalya Ng’andu, BOZ deputy governor.
This now means the contract with Thomas De La Rue previously the company that traditionally printed Zambia Kwacha, has come to an end.
The Central Bank failed to inform the public in the radical changes as to which company printed Zambian genuine money.
But Tumfweko understood that BoZ engaged a German company to print its money but failed to inform the Zambians on the changes.
Take a good look at your Kwacha note.
Is the name of the Company Dela Rue or something else? Look at the old note say a K20,000 and also the new K50,000 look at the names that have made the note, Is it Dela Rue or what do you see there?
Tumfweko observed the brand new notes were in circulation massively between 15 August, 2011 and 20 September, 2011. The other observation was that the governor’s signature is the same on all notes which confirms that the previous government and governor did the engagement.
READ Revelations on https://tumfweko.com/2011/10/11/bank-of-zambia-boz-dirty-operations-exposed/