Zimbabwe: Is EcoCash turning a blind eye on money laundering and illegal activities?
02 Sep 2016

Econet’s EcoCash released a public statement today distancing itself from MMM Global Zimbabwe and any other illegal activities such as Ponzi schemes.

In their public statement, EcoCash reminded us that it is a licensed mobile payment platform that facilitates financial transactions (sending & receiving money, buying prepaid airtime and paying for goods and services) for its clients, within the laws of Zimbabwe.

EcoCash also declared its stance on promoting safe and legal transactions and would not be held liable for any losses arising from the use of its platform to engage in “illegal” activities such as Ponzi schemes.

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