Harare, Zimbabwe (News of the South)-More secrets are spewing out as the factional fighting in ZANU PF continues with G40 member Prof Jonathan Moyo attacking Lacoste member and Harare East Member of Parliament Terence Mukupe whom he accuses of swindling depositors.
Mukupe is a former Chief Executive Officer of failed bank Allied Financial Holdings (AFH), which went under some years ago resulting in thousands of depositors losing their savings.
The former banker who won the Harare East seat in 2013 under acrimonious circumstances with allegations that he had been foisted upon the electorate due to support from the Mnangagwa faction has repeatedly denied any wrong doing in the financial fiasco.
However Higher and Tertiary Education Minister Moyo has dismissed the refusal saying that one day justice will take its course.
“Stealing depositors money many who remain impoverished to this day”.
“It’s well documented & chickens will come home to roost. #HandeiTione!’ he wrote on his social media page appending his hashtag for tirades mostly against the Lacoste faction.
The ongoing factional battles in ZANU PF have served to shed some light on some shady happenings in the country as opponents have taken turns to punch each other by revealing illegal dealings from before the acrimony.
Prof Moyo has been unremitting in his tirades and has already accused Vice President Mnangagwa of being part of the disappeared $15 billion diamond money and also seeking to usurp President Mugabe from power amongst some accusations.
The VP has however maintained his silence refusing to be drawn into the verbal brawls
He is however believed to be using his allies to attack his opponents with the recent arrest of Moyo on charges of defrauding ZIMDEF of over $450 000 believed to be a Lacoste machination to rein in the vocal Moyo.
Mukupe’s win in the Harare East constituency came after the parliamentary recall of Tendai Biti who had defected from Morgan Tsvangirai’s MDC to form his own People’s Democratic Party (PDP).
Meanwhile Moyo has lauded the effect of the newly introduced bond notes.
“While it’s not quite what I foresaw, the introduction of the #Bondnotes in 2016 is a huge development that is potentially a game changer!’ he said.
Bond notes have however practically failed to provide the needed liquidity for the comatose economy with long queues still present at nearly all the banks in the CBD.
On a positive note the public has however accepted them as a legal tender equivalent one is-to one with the US dollar though pressure from a non-performing economy may destroy that trust in the long run.
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