Zimbabwean Politicians, Among them well known G40 and MDC politicians have benefited a great deal from the recent ruling that allowed debtors to pay back money borrowed in USD in RTGS Dollars.
This follows the ruling by the Zimbabwe Supreme Court that USD can be paid back in RTGS Dollars in the Zambezi Gas vs. N. Barber case.
A company owned by Nelson Chamisa and Charlton Hwende owes CBZ $100 000
Statutory Instrument 33 of 2019 (SI 33/2019) was issued in terms of the Presidential Powers (Temporary Measures) Act, which provided for the conversion of the US dollar-denominated assets and liabilities at the fixed rate of one-to-one.
The most affected bank is CBZ, where politicians have been taking money and not paying back. Below is the full list of politicans who owed CBZ who will now only have to pay in RTGS equivalent.
1. Jocelyn Chiwenga US$900 000
2. Lt-General (Rtd) Douglas Nyikayaramba US$135 000
3. Andrew Mhlanga US$200 000
4. Lynette Undenge/Samuel Undenge US$350 000
5. Andrew Moyo US$120 000
6. Ignatius Chombo US$500 000
7. Douglas Mahiya US$75 000
8. Christopher Mutsvangwa US$650 000
9. Gideon Gono US$2 000 000
10. Grace Mugabe US$4 500 000
11. Prof Jonathan Moyo US$200 000
12. Prof Paul Mavhima US$120 000
13. Supa Mandiwanzira US$400 000
14. Leo Mugabe US$300 000
15. Mandiitawepi Chimene US$100 000
16. Emmerson Mnangagwa (Jnr) US$400 000
17. Happyton Bonyongwe US$300 000
18. Olivia Nyembesi Muchena US$200 000
19. Didymus Mutasa US$375 000
20. Temba Mliswa US$350 000
21. Joseph Chinotimba US$100 000
22. Job Sikhala US$100 000
23. Abigail Chihuri US$500 000
24. Obert Mpofu US$1 300 000
25. Edna Madzongwe US$650 000
26. Mabel Chinomona US$88 000
