The High Court released Wicknell Chivayo’s passport to allow him to travel to South Africa to finalise contract negotiations with an unnamed company.
The company filed an affidavit in which it confirmed Chivayo’s company was engaged in contract negotiations and required him to attend in person. Chivayo is facing charges of defrauding the Zimbabwe Power Company (ZPC) of over $5 million, money-laundering and violation of exchange control regulations. He is out on bail pending trial. Part of the High Court ruling reads:
The applicant has demonstrated on a balance of probabilities that his attendance is required in South Africa for purposes of furthering the business interest of his company. Therefore, the correct approach is that the accused, who is on bail, must be allowed to continue to go about his life and the State should promote and be supportive of the applicant’s endeavours to earn a livelihood through lawful means, as long as allowing the applicant that latitude does not defeat the administration of justice.
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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 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
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