Zimbabwe Bank Manager Assaulted as Clients Fail to Draw Cash
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Zimbabwe’s Allied Bank Ltd. had the manager of one of its branches in Harare assaulted by customers angered that a shortage of liquidity meant they were unable to withdraw cash.
No arrests were made following the Dec. 16 incident, which resulted in the doors of the branch being smashed, said Paul Nyathi, a spokesman for the police in the capital. Allied Bank was bought last year by Transport Minister Obert Mpofu after his investment company injected $23 million into the lender.