Latest News Editor's Choice

News / National

Ministry of Finance denies giving Mnangagwa's son US$1 million

by Mandla Ndlovu
28 May 2020 at 13:35hrs | Views
Permanent Secretary in the Ministry of Finance George Guvamatanga has refuted reports that the Treasury had paid an amount of US$1 million to Drax International, which is owned by Delish Nguwaya, a business partner of Collins Mnangagwa for the purchase of Coronavirus consignments.

In a statement on Thursday Guvamatanga said, "It is TRUE that we authorised the release of 15 000 test kits that were at the airport. It is FALSE that a payment of $1million was authorised, neither was it paid nor will it be paid."

According to reports published by online publication Zimlive Drax International got registered as a government supplier after stating its headquarters as Switzerland, but on its website, it says it was registered in Dubai, the United Arab Emirates, in 2020. The company uses a bank account held with Bank One Limited in Mauritius.

The paper also published a leaked May 8 memo signed by finance ministry permanent secretary George Guvamatanga, and addressed to then health ministry permanent secretary, Agnes Mahomva, gave a special dispensation for Drax to deliver its consignment worth US$987,720.

Source - Byo24News