
Judge Manda Rules In Favour Of Mpinganjira
HIGH COURT JUDGE MANDA RULES IN FAVOR OF THOM MPINGANJIRA
Judge Manda of the High Court has ruled that MCP has no powers to snatch FDH Bank. The ruling comes in the wake of events in Parliament during this sitting where MCP through Parliament wanted to snatch a hard earned bank Mpinganjira has been struggling for.
According to Parliamentary reports, MP for Mzimba East Yeremiah Chihana, complained in Parliament that what MCP was doing was wrong. Chihana cited occasions where the Budget and Finance Committee was gagged in their report preparations and that MCP leadership was pushing a bill to snatch the bank quickly when all along they knew that the matter was in Court pending ruling.
Mpinganjira sought Court intervention after the Reserve Bank suggested that he was no longer eligi...