An audit by Reynolds Tendai Muza suggests that Winston Chitando, Minister of Mines participated in corrupt activities when he was still at Hwange Colliery.
Muza’s audit notes that Hwange Colliery lost a $111 million loan from government in 2016. The loan was meant to fund the revival of Hwange Colliery, but, it was unfortunately lost due to mismanagement, reckless trading, negligence and money laundering.
The forensic audit read:
Management during the chairmanship of Chitando embarked on extensive unethical practice of paying what I define as ‘bribes’ to many journalists under the guise of corporate social responsibility.
A Temba Mliswa led Parliamentary Mines Committee questioned the Chitando’s andJustice minister Ziyambi Ziyambi’s hurried decision to put Hwange Colliery under reconstruction.
Related:
- Temba Mliswa Accused Of Demanding $400 000 Bribe From Hwange Colliery Potential Investor
- ZPC To Invest $510 Million On Hwange Thermal Power Plant Rehabilitation
- Nicholas Van Hoogstraten To Challenge Hwange Reconstruction
- Mines Minister Says Hwange Colliery Forensic Investigator Should Do His Work
- Parliament Has No Power To Probe Hwange Colliery Company- Attorney General
More: News Day
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