Controversial businessman Wicknell Chivayo who was arrested over the Gwanda Solar Power Project appeared at the Harare Magistrates Court today. He was remanded in custody to tomorrow for bail ruling.
Chivayo received a US$5 million advance from the Zimbabwe Power Company (ZPC) under irregular circumstances but is to make any meaningful progress almost two years later. Chivayo was arrested under the orders of recently appointed acting Prosecutor General Patrick Hodzi. Former prosecutor general Ray Goba has been blamed for preventing Chivayo’s timely prosecution.
Chivayo is being charged with fraud, money laundering and contravening the Exchange Control Act over a $5 million contract he allegedly fraudulently entered with the Zimbabwe Power Company (ZPC) for the Gwanda Solar Project. He is jointly charged with former Energy Minister Samuel Undenge who is yet to be arrested for the charge.
Undenge was recently granted $1 000 bail to challenge his four-year jail term for corruption when he appeared before High Court judge Justice Erica Ndewere on Wednesday. Undenge was last month convicted by Harare regional magistrate Hosea Mujaya on charges of criminal abuse of office after prejudicing the Zimbabwe Power Company (ZPC) of the sum of $12 000.
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Wicknell Chivayo a.k.a Sir Wicknell is a business person in Zimbabwe known mostly for making posts on social media about his riches. His source of wealth is not known but he has been reported to be linked to corrupt business activities and having close ties... Read More About Wicknell Chivayo
Samuel Undenge is a Zimbabwean politician and a former member of the- Zanu- PF. He is the former Minister of Energy and Power Development.He is a Member of Parliament for Chimanimani East constituency in Manicaland province.In January of 2018 Undenge was arrested by the Zimbabwe... Read More About Samuel Undenge
The Zimbabwe Power Company (ZPC) was formed in October 1996, as part of the 2001 restructuring of Zimbabwe Electricity Supply Authority Holdings, (ZESA) under the Ministry and Energy and Power Development. The Electricity Act (Chapter 13:19) refers. Under the structure, all power generation assets and... Read More About Zimbabwe Power Company