News / National
Zesa told to terminate Chivayo's $183 million contract
01 Jun 2018 at 09:38hrs | Views
PARLIAMENT yesterday recommended the investigation and prosecution of the four former Energy ministers Samuel Undenge, Dzikamai Mavhaire, Elton Mangoma and former Energy deputy minister Munashe Mutezo after they were all implicated in Wicknell Chivayo's controversial Gwanda Solar Project.
The call was made by Mines and Energy Portfolio Committee chairperson, Temba Mliswa where he also recommended that the Zesa Holdings and Zimbabwe Power Company (ZPC) boards must be disbanded immediately for failing to follow good corporate governance practices on the Chivayo issue.
The committee also called on Zesa to immediately terminate Chivayo's $183 million contract, claiming the tender was awarded under suspicious circumstances and on political grounds.
The committee highlighted that they were not impressed by the Zesa and ZPC boards, which were negligent in carrying out proper oversight on the project, resulting in the payments to Chivayo being made without board approval.
The committee members said they were shocked when they visited the project site in Gwanda and found two temporary shacks after Chivayo had received a down payment of $5,6 million without ZPC board approval.
The call was made by Mines and Energy Portfolio Committee chairperson, Temba Mliswa where he also recommended that the Zesa Holdings and Zimbabwe Power Company (ZPC) boards must be disbanded immediately for failing to follow good corporate governance practices on the Chivayo issue.
The committee highlighted that they were not impressed by the Zesa and ZPC boards, which were negligent in carrying out proper oversight on the project, resulting in the payments to Chivayo being made without board approval.
The committee members said they were shocked when they visited the project site in Gwanda and found two temporary shacks after Chivayo had received a down payment of $5,6 million without ZPC board approval.
Source - newsday
