Breaking: RBZ boss Mangudya slams Matutu with a ZWD$1 million lawsuit

The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya on Wednesday afternoon filed a ZWD $1 million lawsuit against ZANU PF youth league leaders Pupurai Togarepi and Lewis Matutu for defamation damages emanating from a press statement in which they accused him of corruption on Monday.

Togarepi was served in his capacity as the youth league secretary.

Through his lawyers Kantor Immerman, Mangudya wrote to the two leaders demanding an apology and defamation damages to the tune of ZWD$1 million within a period of five days.

Failure of obliging to such within the stated period, will result in Mangudya instituting legal proceedings against the two leaders.

Mangudya submitted that the allegations were fallacious.

“The allegations are wholly untrue and unsubstantiated and has tarnished our client’s name and reputation locally and internationally as he is a well respected regulator, former banker and public official.

“The defamation is aggravated by the fact that no attempt was made to contact our client prior to publication, nor was our client afforded an opportunity to tell his side of the story or comment,” wrote Mangudya’s lawyers.

Matutu on Monday made startling claims that Mangudya was part of the list of corrupt bigwigs drawn from ZANU PF and government.

Dubbed ‘name and shame’ list, the list also had top ZANU PF officials like secretary for administration Obert Mpofu, Tafadzwa Musarara, Tino Machakaire, Neville Mutsvangwa, Dr AB Shar among others.

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