Mandiwanzira, who is the Member of Parliament for Nyanga South, is alleged to have awarded an audit contract to Megawatt Company in which he had interests without going to tender.
He is alleged to have further instructed NetOne to pay $4 million for the service and $1 million for consultancy.
His lawyers said Megawatt offered the consultancy at no cost to the government and this led to the recovery of tens of millions of dollars for NetOne.
Mandiwanzira is also alleged to have seconded Tawanda Chinembiri to the Posts and Telecommunication Regulatory Authority of Zimbabwe board without following the due process.
POTRAZ is reported to have lost $35 000 through allowances to Chinembiri.
Mandiwanzira’s lawyers say no corporate governance principles were violated.
The former minister is expected to spend the night at Matapi Police Station in Harare.
(102 VIEWS)
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…
The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…
