Central Bank to investigate
MBABANE – The Central Bank of Swaziland says it will investigate the TVI Express because it actually operates like the defunct Diamond Africa.
Martin Dlamini, the Governor said, he had not heard of TVI and would definitely instruct his team to launch an investigation.
The difficulty to get hold of TVI Express is that it does not have a permanent office.Their members are everywhere across the country. A majority of them are in South Africa.Dlamini wanted to send his team to its office tomorrow because pyramid schemes were different. He said others posed as sellers of products when, as a matter of fact, they were pure pyramid schemes.
"The Diamond Africa was doing the same thing, purporting to be selling diamonds and asking people to join at a fee. It looks like they are doing the same, if they do like that, it’s a criminal offence and we will facilitate their arrest very soon," said the governor of the Central Bank of Swaziland.
Meanwhile, Sifiso Mahlalela, the senior agent, had assured the prospective members that the Central Bank of Swaziland would definitely permit them to operate because TVI has a global licence.The governor said there was nothing like a global licence, all international companies operating in the country have local licences for doing business in Swaziland.
http://www.times.co.sz/News/23415.html
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