Gideon Gono Granted Immunity In New Reserve Bank Act
Zimbabwe's Finance Minister and MDC-Tsvangirai Secretary-General has totally capitulated to Mugabe and ZANU PF on matters of fundamental principle Harare, Zimbabwe, 20 November 2009 Reserve Bank of Zimbabwe Governor, Gideon Gono, has been granted immunity from prosecution on any actions "taken in good faith" in the revised Reserve Bank Act passed by Parliament this week. That is right, he gets away scot-free. ZANU PF, Mugabe's party, had threatened to defeat the Amended Act if Tendai Biti, Finance Minister, refused to amend his amendments. The ZANU PF caucus in the House breathed fire on Tuesday this week, saying the Bill as presented by Biti was aimed at a person and not at institutional reform. It is now clear that they wanted to protect Gono from any action that could arise if his past behaviour was held up to the mirror of the new law. Some of the other amendments agreed to by Biti was a curtailing of the powers that had been to give by the original proposed Act. ...