Zi­nara sus­pends top brass

The Herald (Zimbabwe) - - Front Page - Takunda Maodza News Edi­tor

ZIM­BABWE Na­tional Road Ad­min­is­tra­tion (Zi­nara) has sus­pended its top brass in fi­nance, ad­min­is­tra­tion and hu­man re­sources de­part­ments on charges which in­clude vi­o­lat­ing ten­der and pro­cure­ment pro­ce­dures, The Her­ald has learnt.

Di­rec­tor, ad­min­is­tra­tion and hu­man re­sources Mr Pre­cious Murove, fi­nance man­ager Mr Shadreck Matengabadza and ad­min­is­tra­tion man­ager Mr Peter Bweterere were sus­pended on Wed­nes­day.

The trio’s sus­pen­sion came a week af­ter Zi­nara sus­pended its fi­nance di­rec­tor Mr Si­mon Taran­hike.

While de­tails on Mr Taran­hike’s sus­pen­sion are still sketchy, it is re­port­edly linked to non-ad­her­ence to pre­scribed pro­cesses and pro­ce­dures. The Her­ald un­der­stands Mr Taran­hike vi­o­lated pro­ce­dures in the re­pay­ment of a loan to the Devel­op­ment Bank of South­ern Africa

(DBSA).

The bank is said to have lent Zi­nara $206 mil­lion to­wards the re­ha­bil­i­ta­tion of the Plumtree-Mutare High­way.

Zi­nara spokesman Mr Au­gus­tine Moyo yes­ter­day con­firmed the sus­pen­sion of Messrs Matengabadza, Murove and Bweterere.

He said Messrs Murove and Matengabadza were sus­pended for not fol­low­ing ten­der and pro­cure­ment pro­ce­dures, while Mr Bweterere shares his charges with Mr Taran­hike.

“I am driv­ing from Vic­to­ria Falls from a ZNCC con­fer­ence and that is the lit­tle I have got,” said Mr Moyo.

Mr Murove re­fused to com­ment on the mat­ter yes­ter­day, re­fer­ring all ques­tions to Zi­nara chief ex­ec­u­tive En­gi­neer Nancy Masiyiwa-Chamisa.

The ZI­NARA-DBSA deal has been shrouded in con­tro­versy.

In Novem­ber last year, The Her­ald re­ported that South African busi­ness­man Mr Niko She­fer was al­leged to have si­phoned mil­lions of dol­lars from Zi­nara as fa­cil­i­ta­tion fees for the $206 mil­lion loan se­cured from DBSA.

Zi­nara was de­posit­ing a stag­ger­ing $300 000 ev­ery month into Mr She­fer’s FNB ac­count in South Africa for his ser­vices, that is link­ing Zi­nara to DBSA. The con­tract runs for 10 years. Mr She­fer re­port­edly charged two per­cent of the loan amount ex­tended to the road fund.

At the lapse of the 10-year con­tract be­tween Zi­nara and Mr She­fer, the road fund would have paid him $36 mil­lion.

The money Mr She­fer is re­ceiv­ing is over and above the in­ter­est that Zi­nara is pay­ing to DBSA for the $206 mil­lion loan.

Mr She­fer used four dif­fer­ent com­pa­nies to claim money from Zi­nara.

These are Sela, Sen­tinelle, San­tanah and Golden Road.

Ear­lier this year, we also re­ported that GROUP Five, a South African firm con­tracted to up­grade the 800km Plumtree-Mutare high­way in the $206 mil­lion deal, re­port­edly swin­dled Gov­ern­ment of close to $50 mil­lion.

The Jo­han­nes­burg-head­quar­tered con­struc­tion con­cern al­legedly co­erced ZI­NARA to pay Value Added Tax and in­flated costs.

ZI­NARA then de­manded re­pay­ment within seven days and it is still not clear if the road ad­min­is­tra­tion got any­thing back.

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