POSB apol­o­gises, regrets em­ploy­ees’ con­duct

Chronicle (Zimbabwe) - - National News -

The POSB was re­cently sanc­tioned by the Reg­u­la­tor for breach of con­fi­den­tial­ity at its Cash Cen­tre.

The Reg­u­la­tory Au­thor­ity is­sued a press state­ment on the mat­ter that was widely re­ported and cir­cu­lated in the print and dig­i­tal me­dia in­clud­ing so­cial net­works.

Iden­ti­fied staff mem­bers were in­volved in the pro­duc­tion and dis­tri­bu­tion of im­ages of bond notes prior to their of­fi­cial is­suance.

The Bank sin­cerely regrets that con­duct and can­not ab­solve it­self from such im­proper ac­tions. The Bank has taken cor­rec­tive dis­ci­plinary ac­tion against the em­ploy­ees in­volved and has put in place mea­sures to en­hance se­cu­rity con­trol sys­tems to pre­vent re­cur­rence of such be­hav­iour by staff.

Fur­ther, the Bank is cur­rently in­volved in dis­cus­sions with the Reg­u­la­tor re­gard­ing the whole is­sue.

The POSB Board and Man­age­ment wish to as­sure the pub­lic of its full com­mit­ment to up­hold­ing good bank­ing prac­tices and op­er­at­ing in com­pli­ance with the law and good cor­po­rate gov­er­nance tenets. Simukayi Mu­ta­man­gira, Pub­lic Re­la­tions Man­ager

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