Categories: Stories

Zimbabwe Parliament report on ZINARA 2017-2018 audit- Part 2

46 The issue of High Court privilege does not have any merit in the eyes of the Committee. High Court privilege is limited to few and narrow instances such as self-incrimination.

47 High Court privilege is also subject to public policy. There is no public policy in the world that provides privilege to any entity being investigated for corruption and abuse of public resources.

48 The Committee found the stance taken by Univern to be obstructive, unlawful and unconstitutional, more so when it had in fact provided unsubstantiated evidence in the first meeting.

49 Furthermore, it was in their best interest to in fact rebut the serious allegations of fraud made against same by the Forensic Audit Report.  Indeed only crooks and criminals can wish to avoid the gaze of people, exercised through Parliament. Only those with something to hide will find excuses of not testifying before Parliament.

50 Given the frequency in the number of private actors that are pleading the defense of the High Court privilege before Parliament, it is time the National Assembly makes a strong point on this issue and if need be seeks a declarator from the High Court.

Governance Issues

51 Both the Forensic Report and the Auditor General’s audit reports disclose an unacceptable situation at ZINARA, one of complete capture and broken sound governance systems in breach of the Constitution as well as the Public Entities Corporate Governance Act.

52 There were no checks and balances. Money was distributed at every level from the board to ordinary workers without respects to budgets, rules and sound principles of corporate governance.

53 It appears that every layer of the institution was pampered with resources in order to turn a blind eye to the massive looting that was taking place virtually at every level of the organisation.

54 The Auditor General’s reports and the Forensic Report contain massive detail of the breakdown and it is not the Committee’s intention to reproduce all the failures. The Committee will simply highlight the most striking instances.

The Board

55 Without approval from the parent Ministry, fees and allowances were paid to board members.

56 Table 1 below captures the payments:

Continued next page

(95 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on April 27, 2021 12:27 pm

Page: 1 2 3 4 5

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

Zimbabwe International Trade Fair plans to turn exhibition centre into commercial complex

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…

April 25, 2024

ZiG falls against US dollar

Zimbabwe’s new currency today fell against the United States for the first time since its…

April 25, 2024

ZiG plays havoc on the Zimbabwe Stock Exchange

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…

April 24, 2024

Jonathan Moyo tells Mushayavanhu to stick to monetary policy and leave money changers to the police

One bane of recent public discourse in Zimbabwe is not only that it is never…

April 23, 2024

ZiG kicks off third week on a stronger note

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…

April 22, 2024

Zimbabwe asks US to tell its banks they can now deal with Harare

Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they…

April 20, 2024