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Mavhaire fingered in shareholding scandal

by Staff reporter
10 Dec 2014 at 07:49hrs | Views

Fired Energy and Power Development Minister Dzikamai Mavhaire allegedly falsified General Vitalis Zvinavashe's death and caused his removal from Bikita Minerals directorship, the late national hero's son, Richard, has claimed.

Richard the executor of Gen Zvinavashe's Estate further alleges that the 15 percent shareholding his father held in Bikita Minerals disappeared under unclear circumstances soon after his death.

Gen Zvinavashe died on March 10, 2009.

But on March 7, 2009, Minister Mavhaire, who is the Bikita Minerals board chairman, convened a meeting of the board and declared Gen Zvinavashe dead three days before he met his fate.

However, Mavhaire dismissed the disparity as a typographical error saying Zvinavashe had no shareholding in Bikita Minerals as alleged by Richard.

Source - The Herald
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