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Govt Orders Zimbabwe Cricket Audit

5 years agoWed, 09 May 2018 08:30:57 GMT
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Govt Orders Zimbabwe Cricket Audit

Youth, Sport, Arts and Recreation Minister, Raymond Kazembe told The Herald Government has tasked the Sports Commission to carry out an audit of the finances and general corporate governance of Zimbabwe Cricket to find out how it came to be $ 19 million in arrears.

Zimbabwe Cricket receives $ 9 million every year from the International Cricket Council (ICC) for development purposes. ICC have already instituted a forensic audit into the ZC debt and came up with a number of resolutions. Said Kazembe:

So we asked the Sports Commission to get to the bottom of the issues that have been raised, issues to do with the performance, the firing of the technical team and other related issues like the debt that everyone is talking about, the $19 million debt. We would want to find out how that debt came about and why ZC finds itself in this situation obviously with a view to finding lasting solutions.

More: Chronicle

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