Text Only
Search

German Firm Halts Banknote paper Shipments to Zimbabwe


02 July 2008
De Capua interview with Heiko Witzke - Download (MP3) audio clip
De Capua interview with Heiko Witzke - Listen (MP3) audio clip

A German firm says it has stopped supplying banknote paper to Zimbabwe because of the political crisis there.

Heiko Witzke is a spokesman for Giesecke and Devrient. From Munich, he spoke to VOA English to Africa Service reporter Joe De Capua about why the sales were stopped.

"Giesecke and Devrient has decided to cease delivering banknote paper to the reserve bank of Zimbabwe with immediate effect. And we've taken this step in response to an official request from the German government and call for international sanctions by the European Union and the United Nations," he says.

Witzke declined comment on the size of the firm's contract with Zimbabwe or whether there had been discussions with the German government about Zimbabwe.

"We cannot publicly comment on any questions about individual client relationshipsˇK. You have to understand that supplying banknotes is a sovereign task and there are certain rules, which are set by the World Bank. And one of these rules is that banknote providers and central banks are required to keep their activities highly confidential. And as such, we cannot publicly comment on any questions about individual client relationships," he says. (English to Africa 7/2)

emailme.gif E-mail This Article
printerfriendly.gif Print Version

  Top Story
McCain Accepts Republican Nomination, Pledges to Reform Washington

  More Stories
Energy One Of Top Issues For Republicans
US Cites Progress in Talks on Nuclear Deal With India
US Vice President in Ukraine
Afghan President Promises 'Justice' to Villagers Hit by US Strike
Petraeus Says US Combat Troops Could Exit Baghdad by July
Syrian President Assad Hosts Four-Party Summit
War Crimes Tribunal's Credibility at Stake in Karadzic Trial  Audio Clip Available
Angolans to Vote For First Time in 16 Years  Audio Clip Available
Zimbabwe's President Gives Opposition Deadline on Deal
Thai Prime Minister Snubs Calls to Resign, Dissolve Parliament   Audio Clip Available
Paralympics Set to Begin in Beijing