John Mangudya

Mangudya sues Zanu PF youths, demands $1 million

Reserve Bank governor John Magudya has sued Zanu PF youth league leaders who accused him of involvement in underhand activities and corruption blamed for hurting the country’s economy. 

Mangudya is demanding $ZW1 million for defamation damages saying the allegations by the youth league were malicious.

The Zanu PF youths are spoiling for a fight after some of the bureaucrats, Zanu PF officials and business people denied the allegations of corruption and underhand dealings raised by the youth league on Monday.

 The Zanu PF deputy secretary for the youth league Lewis Matutu, flanked by other senior members of the youth wing, accused several individuals of corruption and undermining the country’s economy.

Mangudya is among the officials whose name was mentioned by Matutu at a press conference held at the Zanu PF headquarters.

Through his lawyers, Kantor and Immerman, Mangudya is demanding immediate retraction of the statement that he said has caused damage to his person.

“The allegations are wholly untrue and unsubstantiated and have tarnished our client’s name and reputation locally and internationally as he is a well-respected regulator, former banker and public official,” the letter from the lawyers reads in part.

The apology, the letter read, should come through a public statement via a press conference and public notice coupled with a publication of a written apology to Mangudya.

However, Zanu PF youth league secretary for administration, Tendai Chirau took to social media saying no amount of intimidation will deter their fight against graft.

The youth league on Monday named senior party and government officials as key players in several cases of graft that has sabotaged President Emerson Mnangagwa’s fight against corruption.

“We will not be intimidated. The fight against corruption is a just cause,” Chirau said. 

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