Business / Companies
Top Air Zim boss fired
24 Apr 2014 at 14:56hrs | Views
Air Zimbabwe (Pvt) Ltd has fired its Human Resources Manager, Oswald Madziwa for negligently performing a transaction which led to the national airliner losing millions of dollars.
Madziwa was dismissed after appearing before a disciplinary hearing, charged with gross incompetence and inefficiency in the performance of his work.
The national airline revealed that Madziwa had cost the company millions of dollars through a transaction authorising payments to a company called Navistar Insurance Brokers (Pvt) Ltd (Navistar).
Air Zimbabwe claims that Madziwa authorised payments to Navistar between 2009 and 2011, thereby prejudicing the company of more than €2,6 million and US$3,9 million.
According to the termination of contract document shown to the ZBC News, Madziwa had committed an act of conduct or commission inconsistent with the fulfilment of the express or implied conditions of his contract.
The disciplinary authority therefore found him guilty and recommended his dismissal from employment with effect from the 27th of January.
According to the same document, Madziwa was also ordered to surrender the airline's vehicle and laptop.
Madziwa pleaded not guilty to the charges.
He said his only duty as a signatory was only to facilitate payment.
But, Air Zimbabwe said no payment could have been made without Madziwa's authorisation.
The court however, acquitted Madziwa on charges of gross incompetence and inefficiency in the performance of his work.
Madziwa was dismissed after appearing before a disciplinary hearing, charged with gross incompetence and inefficiency in the performance of his work.
The national airline revealed that Madziwa had cost the company millions of dollars through a transaction authorising payments to a company called Navistar Insurance Brokers (Pvt) Ltd (Navistar).
Air Zimbabwe claims that Madziwa authorised payments to Navistar between 2009 and 2011, thereby prejudicing the company of more than €2,6 million and US$3,9 million.
According to the termination of contract document shown to the ZBC News, Madziwa had committed an act of conduct or commission inconsistent with the fulfilment of the express or implied conditions of his contract.
According to the same document, Madziwa was also ordered to surrender the airline's vehicle and laptop.
Madziwa pleaded not guilty to the charges.
He said his only duty as a signatory was only to facilitate payment.
But, Air Zimbabwe said no payment could have been made without Madziwa's authorisation.
The court however, acquitted Madziwa on charges of gross incompetence and inefficiency in the performance of his work.
Source - zbc