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2 NetOne executives on the run

by Staff reporter
2 hrs ago | 176 Views
Two senior executives at state-owned mobile operator NetOne are on the run following allegations of large-scale looting and financial mismanagement.

Chief Technical Officer Christopher Muchechemera and Chief Financial Officer Nyasha Nyambuya are wanted by the Zimbabwe Anti-Corruption Commission (ZACC) in connection with the disappearance of more than US$10 million.

Authorities confirmed the two face multiple charges of abuse of office and financial impropriety, with sources saying they have evaded questioning, sparking a nationwide manhunt.

NetOne, Zimbabwe's second-largest mobile network operator, has long faced criticism over weak governance and recurrent scandals. Employees said the latest case has created unease within the company, which is already under pressure from stiff competition and a difficult economic climate.

This is not the first time the parastatal has come under fire. Past audits have exposed irregularities in procurement and contract management, raising concerns over oversight at one of Zimbabwe's most strategic enterprises.

Source - online
More on: #NetOne, #Executives, #Run
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