Categories: Stories

MDC says ZANU-PF must reimburse funds looted from ZESA

The Movement for Democratic Change today said the Zimbabwe African National Union-Patriotic Front must reimburse funds coerced out of State enterprises to finance party activities.

In a statement in reaction to a story in The Herald that the Zimbabwe Electricity Supply Authority had released US$40 000 to fund ZANU-PF’s women’s congress, the MDC demanded that ZANU-PF should reimburse ZESA the money it fleeced from the power utility.

“The MDC demands that ZANU-PF reimburses ZESA the money it fleeced the public power utility that is struggling to provide power to the generality of the people of Zimbabwe. We call upon all heads of public entities, parastatals and individuals who have been similarly arm-twisted to fund ZANU-PF activities to come forward and tell the nation,” the party said.

“The MDC is greatly dismayed that ZANU- PF has now officially confirmed through its own mouthpieces that it is in the habit of coercing public institutions to fund their party’s activities….

“Even loss-making parastatals have been bled of their hard-earned cash by a parasitic elite long used to feeding on the State.”

The MDC said it was disturbed that the ZANU-PF congress due next week could be funded from State coffers and called for a commission of inquiry into the ZESA issue because it believed this was part of the much bigger scandal.

 

Full statement:

Zanu PF must reimburse looted funds

The MDC is greatly dismayed that Zanu PF has now officially confirmed through its own mouthpieces that it is in the habit of coercing public institutions to fund their party’s activities.

Yesterday’s issue of The Herald revealed that the state-owned power utility, the Zimbabwe Electricity Supply Authority (ZESA), was forced to release $40 000 to fund the women’s congress of Zanu PF.

The head of ZESA admitted to this arm-twisting, which is at the heart of the crisis facing the country today. The deliberate bleeding of State-entities by Zanu PF is at the root of the economic crisis now gripping the country.

Even loss-making parastatals have been bled of their hard-earned cash by a parasitic elite long used to feeding on the State.

The MDC demands that Zanu PF reimburses ZESA the money it fleeced the public power utility that is struggling to provide power to the generality of the people of Zimbabwe. We call upon all heads of public entities, parastatals and individuals  who have been similarly arm-twisted to fund Zanu PF activities to come forward and tell the nation.

We in the MDC are disturbed that next week’s Zanu PF Congres could be funded from state coffers, in violation of the country’s laws and regulations governing public resources.

The MDC believes the fleecing of ZESA is indicative of a far much bigger scandal which needs a Commission of Inquiry that should result in Cabinet Ministers and senior government officials being arrested for abusing public resources.

(108 VIEWS)

This post was last modified on November 26, 2014 12:23 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024