Wicknell Chivayo Slaps ZESA With US$25 Million Lawsuit

Harare businessman Wicknell Chivayo has filed a US$25 million lawsuit against the Zimbabwe Power Company (ZPC) for breach of contract and bringing up malicious criminal charges of fraud against him.

He also  alleges that ZPC was frustrating his company Intratek from performing its obligations at the Gwanda Solar Power Project. The matter was heard  before High Court judge Justice Tawanda Chitapi on Monday. Chivayo is represented by Advocate Lewis Uriri instructed by Wilson Manase. Chivayo wants ZPC to pay him $15 million for loss of profit from the contract among other demands.

Chivayo also demanded that ZPC allow him to complete the pre-commencement works within a  period of 180 days from the day of the order The $25 million that Chivayo demanded included $15 million for damages that arose from the costs that he engaged in syndicating the technical partnership with CHiNT Electric and sourcing of project financing from China Exim Bank and other credit financing Institutions. He also accused ZPC of wantonly frustrating the  contract and publishing false and malicious allegations thereby damaging his reputation that led to loss of business.

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More: MailandTelegraph

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