President Emmerson Mnangagwa lied when he claimed that he has entered into a private arrangement with the British government for a 100 million dollar bail out, according to the latest expose by the British embassy.

Mnangagwa announced to supporters in Mutare saying, “saka takutaudzana nemaBritish svondo rino (last week) nemusi wechipiri vakatipa $100 million kuti tibatsirike panyaya yedu yecash mukati munyika..”

Mnangagwa also claimed saying, “for the first time after nearly 20 years, we have received a soft loan from the British of $100 million and the (RBZ) Governor (Dr John Mangudya) has been telling me how he has disbursed the money and as from yesterday almost every single bank in the country had received part of the $100 million received.”

But a British Embassy official has said this is not true.

“What @CDCgroup announced this week is not a “British bailout” by any stretch of the imagination. It’s about providing much-needed credit lines to struggling Zim private sector on commercial terms. Not a cent of it is going anywhere near govt” wrote Simon Thomas Deputy British Ambassador to Zimbabwe