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Looters' Paradise : Alex Magaisa Unpacks Auditor General's Report

4 years agoSat, 20 Jul 2019 09:35:21 GMT
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Looters' Paradise : Alex Magaisa Unpacks Auditor General's Report

The Big Saturday Read, a blog by Dr. Alex Magaisa that helps simplify political, legal and constitutional issues for Zimbabweans, has an article unpacking the contents of the recently published Auditor General’s report. This helps put the thick volume of the report into ordinary language accessible to every Zimbabweans.

The summary points:

  • Millions Paid For Goods Never Delivered
    State-owned companies that paid for goods that were never delivered include;
    Zesa,
    Zimbabwe Power Company,
    Grain Marketing Board,
    ZIMSEC,
    NetOne,
    NSSA,
    Civil Aviation Authority of Zimbabwe (CAAZ)
  • Dubious Donations and abuse of public funds
    Zimbabwe Tourism Authority (ZTA)

  • Improper Boards And Board Member Benefits
    ZIMRA,
    Grain Marketing Board,
    Tobacco Research Boards,
    Zimbabwe Parks and Wildlife Management Authority,
    ZTA,
    Tobacco Industry Marketing Board
  • Lack Of Controls & Use of Public Funds To Acquire Personal Assets
    ZTA was found to have two luxury vehicles, Mercedes S600 and S350 which were bought by the authority but were registered in individual names.
    ZBC employee was found receiving the corporation’s funds into his personal EcoCash account
    GMB
    Contracts at ZIMSEC signed in restrospect
    ZUPCO & Petrotrade claimed to have properties but had no title deeds
    ZTA CEO employed with no contracted
  • Underdeclaration of Mineral Exports
    Minerals Marketing Corporation of Zimbabwe could not provide mineral geological maps
    Leakages or minerals at borders as ZIMRA fails to collect full royalties

More: Big Saturday Read

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