Mujuru pins Mugabe on bond notes

Zimbabwe People First interim leader Joice Mujuru is launching a fresh bid to block introduction of bond notes.

Last week the Constitutional Court dismissed her initial bid, with costs.

However, Mujuru is not relenting on her quest.

According to her lawyers Mujuru has further confronted President Robert Mugabe, Finance minister Patrick Chinamasa and Reserve Bank of Zimbabwe governor John Mangudya.

"We have been instructed to advise you that our client remains very much opposed to the introduction of bond notes for the reasons clearly articulated in documents filed in court and which you are in possession of.

"In view of our client's conviction that the introduction of bond notes will infringe her constitutional rights, our client is determined to protect her fundamental rights through legal machinery provided for that purpose by the Constitution," Mujuru's lawyer Gift Nyandoro said.

"If you still intend to introduce bond notes as aforesaid, what existing legal basis authorises you to issue them? If there is no existing legal basis, when will you be putting in place the relevant legislative instruments.

"If we do not hear from you by close of business on Wednesday 5th October 2016, we shall conclude . . . that you are proceeding with the introduction of bond notes . . . that you will do so without legal basis and that you have no regard for the fundamental rights of our client,".

RBZ plan to inject controversial $2 and $5 bond notes bills by month end.

However, they are still to design and later on print in Germany.