News / National
Khupe's MDC Financial Crisis as Senior Party Leader Withholds $9.5 Million Ahead of Crucial Elective Congress
26 Dec 2020 at 14:32hrs | Views
The Movement for Democratic Change (MDC-T) led by Thokozani Khupe has punged into a financial crisis with some officials alleging that they have not been given funds for travelling to Harare for the party's long-awaited Extraordinary Congress this weekend.
In a statement, the party's deputy treasurer general, Chief Ndlovu, said the MDC-T account has been almost emptied by the secretary general, Douglas Mwonzora, who allegedly withdrew large sums of money without following proper procedures.
Mwonzora was unreachable for comment as he was not responding to calls on his mobile phone.
Ndlovu said, "My office has been inundated with calls from concerned EOC (Exraordinary Congress) delegates who by now should have received their Provincial transport allocation.
It has come to my attention that some of our members may not be able to travel to the EOC due to lack of funding. Equally I have received allegations that the Treasury is refusing to make payments for EOC, nothing could be further from the truth.
"I would like to take this opportunity as your Deputy Treasurer to inform you that as treasury we are not able to pay due to the fact that funds were withdrawn from the party account on the 18th December 2020, we are still pursuing and trying to get some Standing Committee members who were involved in the unapproved transfer to return the money to the Party."
Ndlovu noted that he was shocked to learn that the secretary general "expects Treasury to release money when he is the one who transferred all the money out of the account without my explicit approval. Perhaps the SG must inform members where the money is.
"I certainly do not have any knowledge of who he sent the money to or what has happened to those funds. The transfer was reported to the SC on the same day 18th December 2020. The matter was played down by the SG for reasons unknown to me. To this day the Party has not recovered the money. There is little money left in the account, a paltry $500 000 now remains in the account today."
He said the secretary general allegedly withdrew ZWL$9,510,000 on December 18 without seeking his explicit approval.
"The duties of the SG and that of the Treasurer are clearly outlined in Article 9.5 and 9.7 of the constitution respectively read together with 10.12 and 10.12.2 of the Admin and Finance Provisions. Any policies that we may have derive their power from the constitution and committees cannot assign new powers to themselves. Many members have questioned how it was possible that the amounts be transferred by any other person other than the Deputy Treasurer General, well two people have capacity to transfer funds from the account based on the current signing arrangements i.e the Deputy Treasurer General and the Secretary General.
"In the above transactions I did not transfer any funds out of the party despite the fact that I received some communication to do so I was unhappy with the information I received hence my inaction or refusal to transfer. Funds were transferred anyways by the SG."
Ndlovu advised MDC-T members that as the Treasury "we have not received any funds from the above withdrawals. I am currently in South Africa on an urgent family matter. I am reachable on my whatsapp number."
Khaliphani Pugeni, spokesperson of the MDC-T president, was unreachable for comment.
In a statement, the party's deputy treasurer general, Chief Ndlovu, said the MDC-T account has been almost emptied by the secretary general, Douglas Mwonzora, who allegedly withdrew large sums of money without following proper procedures.
Mwonzora was unreachable for comment as he was not responding to calls on his mobile phone.
Ndlovu said, "My office has been inundated with calls from concerned EOC (Exraordinary Congress) delegates who by now should have received their Provincial transport allocation.
It has come to my attention that some of our members may not be able to travel to the EOC due to lack of funding. Equally I have received allegations that the Treasury is refusing to make payments for EOC, nothing could be further from the truth.
"I would like to take this opportunity as your Deputy Treasurer to inform you that as treasury we are not able to pay due to the fact that funds were withdrawn from the party account on the 18th December 2020, we are still pursuing and trying to get some Standing Committee members who were involved in the unapproved transfer to return the money to the Party."
Ndlovu noted that he was shocked to learn that the secretary general "expects Treasury to release money when he is the one who transferred all the money out of the account without my explicit approval. Perhaps the SG must inform members where the money is.
"I certainly do not have any knowledge of who he sent the money to or what has happened to those funds. The transfer was reported to the SC on the same day 18th December 2020. The matter was played down by the SG for reasons unknown to me. To this day the Party has not recovered the money. There is little money left in the account, a paltry $500 000 now remains in the account today."
He said the secretary general allegedly withdrew ZWL$9,510,000 on December 18 without seeking his explicit approval.
"The duties of the SG and that of the Treasurer are clearly outlined in Article 9.5 and 9.7 of the constitution respectively read together with 10.12 and 10.12.2 of the Admin and Finance Provisions. Any policies that we may have derive their power from the constitution and committees cannot assign new powers to themselves. Many members have questioned how it was possible that the amounts be transferred by any other person other than the Deputy Treasurer General, well two people have capacity to transfer funds from the account based on the current signing arrangements i.e the Deputy Treasurer General and the Secretary General.
"In the above transactions I did not transfer any funds out of the party despite the fact that I received some communication to do so I was unhappy with the information I received hence my inaction or refusal to transfer. Funds were transferred anyways by the SG."
Ndlovu advised MDC-T members that as the Treasury "we have not received any funds from the above withdrawals. I am currently in South Africa on an urgent family matter. I am reachable on my whatsapp number."
Khaliphani Pugeni, spokesperson of the MDC-T president, was unreachable for comment.
Source - voa