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Magaisa Says He Will Respond To Gono At The 'Appropriate Time'

3 years agoMon, 20 Jul 2020 08:42:59 GMT
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Magaisa Says He Will Respond To Gono At The 'Appropriate Time'

Constitutional law expert Alex Magaisa says he will respond to former Governor of the Reserve Bank of Zimbabwe (RBZ), Gideon Gono’s long article explaining how the government took over $1.3 billion of RBZ debts in 2015 through the RBZ Debt Assumption Act.

Instead of releasing the names of all people who benefitted from the US$200 million Farm Mechanisation Programme in 2007, Gono, who is considered to be dishonest by some economic commentators, only mentioned opposition party officials who benefitted.

He identified MDC-T acting president Thokozani Khupe, acting MDC Alliance president Welshman Ncube and the late former MDC legislator Renson Gasela as some of the beneficiaries of the programme.

Responding to a post on Twitter, in which the author said he was wrong in believing the claims made in the BSR (Magaisa’ article) without having read Gono’s “rebuttal”, Magaisa said:

Calm down. The long story will receive an appropriate response at the appropriate time. The former Governor has only just started. He will release the list, just like he has started doing now, something he has been refusing to do for 13 years. Did he include his own loans?

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Gono said because the programme was cut short before it covered everyone with a farm or piece of land who needed equipment, some of those who did not get the implements felt shortchanged and started complaining that their neighbours had benefited unfairly while they didn’t.

The former central bank boss insinuated that petty jealousies took over and the “noble” activities got unduly politicised.

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