Controversial businessman Wicknell Chivayo has been granted $2000 bail by the High Court. Chivayo approached the High Court after he was denied bail by Harare Magistrate Elisha Singano, who deemed him a flight risk. Chivayo is facing charges of defrauding the Zimbabwe Power Company over the Gwanda Solar Power Project. He allegedly received a US$5 million advance from the Zimbabwe Power Company (ZPC) in irregular circumstances but failed to make any meaningful progress for two years. He is also facing money-laundering and violating exchange control regulations.
He was arrested under the orders of recently appointed acting Prosecutor General Patrick Hodzi after former prosecutor general Ray Goba allegedly took no action for months despite receiving a docket from the Zimbabwe Anti-Corruption Commission (Zacc).
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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
The High Court of Zimbabwe is one of the Superior Courts of Zimbabwe. The High Court deals at first instance with all high value and high importance cases. It also has a supervisory jurisdiction over all subordinate courts and tribunals. Appeals from the High Court... Read More About High Court
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