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Creditors crank heat on Mpofu’s Allied Bank

HARARE – Liquidator of the collapsed Allied Bank, Cecil Madondo, who is being sued by one of the creditors seeking to recover money locked in the financial institution, has said the Deposit Protection Corporation (DPC) must  provide answers to the bank’s creditors. Zimbabwe Amalgamated Housing Association (Zaha) is seeking to recover nearly $1,5 million locked…

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