Redan Petroleum Ordered To Restore Fuel Coupons Value Within 72 Hours

Lawyers have given Redan Petroleum 72 hours to reverse its decision to debase fuel coupons following President Emmerson Mnangagwa’s announcement that the government had hiked fuel prices by over 150 per cent two weeks ago.

Alex Majachani of Alex F & Associates has written to Redan, demanding that the company revokes the notice it issued announcing debasing of the value of fuel coupons sold to motorists. It further demanded that Redan Petroleum immediately allow members to access the quantities reflected on the coupons issued to them. Wrote Majachani:

In view of the above, we are instructed to demand as we, hereby, so that you give a written undertaking that you will forthwith and, in any event not later than 72 hours from the date of receipt of this letter, allow our clients to have access to petrol and diesel fuel in the amounts reflected on the coupons that you issued to them.

Revoke the public notice that you issued to the public in terms of which you illegally debased fuel coupons issued to our clients and members of the public. Allow our clients to have access to the fuel in the quantities reflected on the coupons issued on them.

Should your company fail to honour its coupons and for value, and this demand within a period of seven days of receipt of this letter, we have strict instructions to institute legal proceedings against your company for appropriate relief. We trust that this course of action shall not be necessary for the circumstances.


More: Newsday

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