Shock as Mangudya buys VIP cars for US$400 000 per vehicle
The video shows one W. Chingwena of Croco Motors telling a parliamentary committee that his company supplied Landcruisers to the Zimbabwean government at about US$110 00 each. But the Reserve Bank and the Ministry of Finance told parliament that the cars were worth US$400 000 each.
Watch the video clip below:
1. A car supplier tells a parliamentary committee that it supplied Landcruisers to the Zim government at US$110K each. But the @ZimTreasury & the @ReserveBankZIM claimed they were worth US$400K each. Nearly US$300K difference! This demands explanation @MthuliNcube @GGuvamatanga pic.twitter.com/WnZzbo3FPB— Alex T Magaisa 🇿🇼 (@Wamagaisa) June 22, 2020
Polical analyst Alex Magaisa said, "This is fraud of significant proportions. Current heads at the Finance Ministry might plead that they weren't there when it happened, but they have a duty to account. Another one for ZACC."