LATEST:Mujuru bond Note Case thrown out of Court


The Constitutional Court today threw out a challenge by Zimbabwe People First leader Dr Joice Mujuru of the legality of Bond notes scheduled for release next month.

The court advised Dr Mujuru to wait until the notes were introduced for her to point out the alleged illegalities and violations of the constitution by the legal framework to be used in releasing the notes.

joice-mujuruChief Justice Godfrey Chidyausiku, sitting with eight other judges of the apex court, described the politician’s contestation as premature and speculative.

Government announced plans to introduce Bond notes in $2 and $5 denominations by the end of October.

Dr Mujuru then filed an application at the Constitutional Court challenging the constitutionality of Government’s decision to introduce bond notes.

The former vice president wanted to stop the introduction of Bond notes by the Reserve Bank of Zimbabwe arguing that this was unconstitutional because it would contravene several sections of the Constitution of Zimbabwe.

Dr Mujuru listed President Mugabe, Finance and Economic Development Minister Patrick Chinamasa, Reserve Bank of Zimbabwe Governor Dr John Mangudya and Attorney-General Advocate Prince Machaya as respondents.

Details to follow….

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