Harare magistrate Mr Lazini Ncube yesterday abided by a High Court ruling when he abandoned the matter in which businessman Wicknell Chivayo was facing $5,6 million fraud charges.
The fraud charges relate to a botched Zimbabwe Power Company (ZPC) solar project. Chivayo had approached the High Court challenging the magistrates’ court decision to dismiss his application excepting him of the charges on the grounds that they did not constitute an offence. The High Court then acquitted him. Ncube said the High Court decision was self-explanatory. Said Ncube:
Accordingly, the exception dismissed by this court was set aside and both accused persons were found not guilty and acquitted of all the counts. This, therefore, means allegations are quashed and accused persons are free.
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
Zimbabwe Power Company (ZPC) is a state-owned power generation company in Zimbabwe mandated by government to generate electricity for the domestic market. ZPC was incorporated in 1996 as the Zimbabwe Electricity Supply Authority Holdings (ZESA) investment vehicle in the power sector and it became operational... 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