MDC Alliance Spokesperson Fadzayi Mahere has dismissed a government announcement banning mobile money transactions saying without a Statutory Instrument it was hot air.

Posting on Twitter, Mahere said move was also an indication of government’s disregard for property rights.

“This statement has no force of law in any case. Without the backing of a valid legal instrument, it’s hot air. That said, if it’s a foreboding of what’s to come, your Govt will have shown yet again a huge capacity to destroy property rights. You cannot be trusted with anything,” said Mahere.

Yesterday government through the ministry of information, publicity and broadcasting services suspended all mobile money transactions saying platforms such as Ecocash were responsible for foreign exchange rate distortions which in return were responsible for runaway inflation.