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Parly Investigates ZINARA Over Mismanagement of Funds

4 years agoTue, 02 Apr 2019 16:42:44 GMT
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Parly Investigates ZINARA Over Mismanagement of Funds

In an unexpected twist of events, the contract of ZINARA’s operations and human resources director, Mr Precious Murove has been terminated amid Parliamentary inquiry. The inquiry is over a recent Grant Thornton report that unearthed misappropriation of about US$71 million by the road authority.

The audit report revealed that Mr Murove signed most of the questionable contracts which led to the inquiry. The report also questioned Mr Murove’s appointed to his executive position given that he was a mere holder of a diploma in theology.

Mr Murove’ absence was noteceable when the Zinara management today appeared before the public accounts committee. The ZINARA team was being led by its acting chief executive officer Ms Methelane Mujokoro. It was then revealed that Mr Murove was no longer with the road authority.  Ms Mujokoro was accompanied by Zinara finance director Mr Simon Taranhike. Taranhike is a questionable figure considering that he was once suspended for sourcing foreign currency on the parallel market. He was, however, exonerated by the courts.

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More: The Herald

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