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British government quizzed about why it wants to bail Mugabe out

The British government was on Thursday quizzed about why it wanted to bail out President Robert Mugabe’s government in view of what British peers said was his appalling human rights record.

Several members of the House of Lords asked why the British Embassy in Harare had facilitated a meeting between a British peer and businessman, Lord Mandelson, and Zimbabwe Finance Minister Patrick Chinamasa.

Mandelson is described as the chairman of Lazard International, which on its website says it has remained a trusted advisor to governments, financial institutions, public and private retirement plans, and individuals around the world since 1848.

One peer even asked why Chinamasa was not under British sanctions.

Below is the full question and answer session in The House:

Lord Oates– To ask Her Majesty’s Government what guidance they provide to United Kingdom financial institutions regarding the provision of bailout funds to the government of Zimbabwe.

Baroness Goldie (Con)– My Lords, there is no bailout for the Zimbabwean Government and no British taxpayer money is used to fund that Government. The Government of Zimbabwe are in discussion with private sector banks to arrange a financial package to clear their debt arrears to the international financial institutions. We do not provide specific guidance about the provision of funds to Zimbabwe, but if asked, we would discuss the situation, highlighting the financial and political risks of operating in Zimbabwe.

Lord Oates (LD)-I am grateful to the Minister for her Answer. She will be aware of the deep disquiet among people in Zimbabwe at the news that the British embassy in Harare had facilitated a meeting this year between the noble Lord, Lord Mandelson, chairman of Lazard International, and Finance Minister Patrick Chinamasa. I am sure the Minister will recognise that the provision of any bailout funds to the ZANU-PF regime in Zimbabwe will only prolong the misery and suffering of the Zimbabwean people. It will inevitably be used to fund the salaries of the Zimbabwean armed forces and the Zimbabwe Republic Police force—salaries which are overdue at present. These are the very organs of state that are currently in violation of the constitution of Zimbabwe, in defiance of the orders of the High Court of Zimbabwe and committing gross human rights abuses against the people of Zimbabwe. Will the Minister therefore give an unambiguous statement to this House, and more importantly to the ZANU-PF regime, that we as a people and a Government will ​oppose any further funds to the Zimbabwean Government until they have demonstrated a sustained adherence to the constitution of Zimbabwe and an end to the gross human rights abuses of the people of Zimbabwe?

Continued next page

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This post was last modified on September 10, 2016 3:32 pm

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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