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Suspended ZINARA CEO And FInance Director Fired

4 years agoFri, 20 Sep 2019 23:43:27 GMT
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Suspended ZINARA CEO And FInance Director Fired

Suspended ZINARA CEO and Finance Director have been fired The Herald exclusively revealed. Mrs Nancy Chamisa and Mr Simon Tanharike were fired for gross incompetence and abuse of office. Reports also say 24 other ZINARA employees have been arrested on corruption charges.

ZINARA board chairman confirmed the development and also revealed that a lifestyle audit into the lives of some senior ZINARA Managers was currently underway, and looted funds were being recovered:

The CEO and the financial director who were on suspension were fired for great incompetence and abuse of office after it was realised that all the rot at Zinara was happening under their noses whilst they were engaged in bruising fights and failed to act on reports of corruption addressed to them as accounting officers. Both are attending trials to answer to abuse of office at Zinara

The ZINARA board Chair Engineer Madanha revealed some of the issue unearthed by an audit at ZINARA:

There are leakages at the tollgates, transit fees and bulk licensing where cashiers pocket public funds and according to a report by one of the employees caught red handed, the stolen money is shared right up to the echelons of power with rates of contribution by cashiers clearly stipulated

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Fraudulent activities are noted with petty cash managed by the finance department as no records are present on some disbursements and acquittals to provincial offices

Another area of abuse is recorded on fuel coupons which are disbursed without proper paper trail in some cases.

The other major problem at the institution lies in the recruitment process and each director is in charge of the filling of posts in his respective department.

Directors filled up positions with relatives, friends and church members, thereby creating an environment which defies corporate governance as workers pay their allegiance to their director and not to the institution

ZINARA scandals have been in the public eye for some time with one of its former executives being asked to explain his wealth which is believed to be in excess of millions by the authorities.

More: The Herald

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