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Legislators want directors of failed banks barred from opening new ones

The Depositors Protection Act should be amended to provide for executives and directors of failed banks to be barred from opening new ones and running for public office, according to the country’s legislators. Debating a motion raised by Murehwa West Member of Parliament Farai Jere in the National Assembly on proposed amendments to the Depositors…

Legislators want directors of failed banks barred from opening new ones

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