Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya who was recently fingered among foreign currency dealers has filed a ZW$1 Million lawsuit against ZANU PF Deputy Secretary for Youths, Lewis Matutu.
Through his lawyers Kantor Immerman, Mangudya demanded said he is claiming defamation damages in the press statement which the ZANU PF youth league issued on Monday 24 June 2019.
“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,” reads part of the lawsuit.
“We also have instructions to claim defamation damages from you jointly or severally. We estimate our clients damages at RTGS $ZWD 1 000 000,” further reads the lawsuit.
He also threatened to name and shame party officials with multiple farms but all that could be hanging in the balance as he now has to fight Mangudya’s lawsuit.