Robert Mugabe wants pension in cash
Although there is almost no cash inside banks or at ATMs in Zimbabwe, and at
times it’s a struggle to receive change at supermarkets because most people pay
for their groceries with electronic cash, Robert Mugabe is demanding his massive
pension payout in cash.
The monthly payment of Mugabe’s tax free pension in cash is estimated to be
more than R150 000 a month since he has commuted R5.5million from the state’s
pension fund.
Prior to his resignation after a soft coup d’etat last November, Mugabe
received about R250 000 a month cash as his salary. His wife, Grace, who had no
official role, received about R30 000 a month, state-controlled newspaper the
Sunday Mail said.
Mugabe moved out of the large State House about 15 years ago, and chose to
live in his own, new, expensive R120m, 20 hectare mansion in a posh part of
Harare. This three-storey home was maintained, serviced and guarded by public
servants and has a helipad, dams and wildlife.
Should Mugabe be forced to accept his salary and benefits like his government
colleagues and other public servants, he will have to do his shopping via
electronic cash on his cellphone or use a bank debit card. His bank account at
the Commercial Bank of Zimbabwe, CBZ would reflect transactions in US
dollars.
Public Service Commission chair Mariyawanda Nzuwa wrote to Reserve Bank of
Zimbabwe governor John Mangudya earlier this month asking that Mugabe be paid in
cash.
Mugabe’s pension, according to the law, must be equal to what he had earned
(minus what he commuted) or equivalent to the incumbent’s salary and perks.
Source: Mercury
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