Former ZINARA Boss up for corruption.

Former board Chairman for the Zimbabwe National Road Administration (ZINARA) has been dragged to court on allegations of criminal abuse of office after he allegedly wrote a letter of undertaking to CBZ bank advising that the ZINARA board had agreed to set off a $300 000 mortgage loan for the Chief Executive officer when such resolution had been made.

0
245
Former board Chairman for the Zimbabwe National Road Administration (ZINARA) has been dragged to court on allegations of criminal abuse of office after he allegedly wrote a letter of undertaking to CBZ bank advising that the ZINARA board had agreed to set off a $300 000 mortgage loan for the Chief Executive officer when such resolution had been made.
Former board Chairman for the Zimbabwe National Road Administration (ZINARA) has been dragged to court on allegations of criminal abuse of office after he allegedly wrote a letter of undertaking to CBZ bank advising that the ZINARA board had agreed to set off a $300 000 mortgage loan for the Chief Executive officer when such resolution had been made.

Former board Chairman for the Zimbabwe National Road Administration (ZINARA) has been dragged to court on allegations of criminal abuse of office after he allegedly wrote a letter of undertaking to CBZ bank advising that the ZINARA board had agreed to set off a $300 000 mortgage loan for the Chief Executive officer when such resolution had been made.

Albert Mugabe appeared before Harare magistrate Vongai Muchuchuti facing charges of criminal abuse of office.

Mugabe who is being represented by Admire Rubaya was released on $500 bail coupled with stringent conditions. The matter was remanded to April 11.

The state represented by Sebastian Mutizirwa alleged that on March 30, 2017, ZINARA Human Resources Committee deliberated through a round robin resolution the acquisition of a mortgage loan from CBZ bank in respect of ZINARA Chief Executive Officer Nancy Chamisa Masiyiwa and the six member Human Resources Committee unanimously resolved to recommend to ZINARA Board for approval to secure a mortgage loan scheme not exceeding $300 000 with CBZ Bank for the purpose of housing loan benefit as per ZINARA Human Resources Policy Manual.

On April 5, 2017, Mugabe wrote a letter of undertaking for mortgage loan in respect of Masiyiwa to CBZ bank advising that ZINARA board had authorised Masiyiwa to enter into a housing loan scheme with CBZ bank and that ZINARA undertook to pay off the mortgage facility if Masiyiwa’s contract was to expire with the mortgage loan still existing well knowing that ZINARA Board had not approved the loan facility.

On April 11 in the same year, Mugabe wrote another letter to CBZ advising that ZINARA Board had agreed to set off the $300 000 mortgage loan facilities in the event that Masiyiwa accrued arrears and termination of her contract of employment when in actual fact the board had not authorised the setting off of Masiyiwa’s mortgage loan.

On April 20, CBZ approved a $300 000 loan facility in respect of Masiyiwa and released the loan on the strength of the false letters authored by Mugabe with intent to show favour to Masiyiwa