Saturday, May 30

Finance Secretary George Guvamatanga at centre of US$1 billion kickback storm

HARARE - The Parliament of Zimbabwe has received reports implicating the Finance and Economic Development Permanent Secretary, George Guvamatanga, in an alleged kickback scheme involving Treasury payments to ministries, departments, and contractors.

 

 

 

 

The allegations were publicly revealed on Thursday by Energy Mutodi, the Chairperson of Parliament’s Budget Committee, who also disclosed that he has since been threatened.

 

According to submissions before the Budget Committee, Guvamatanga who is commonly referred to as “GG”, is accused of demanding between 5 and 10 percent of every payment released by Treasury.

 

 

 

 

Lawmakers were told that entities refusing to pay such commissions have reportedly faced lengthy delays in receiving funds, even where allocations were budgeted for.

 

The allegations suggest that Guvamatanga may have accumulated wealth exceeding US$1 billion, making him one of the richest civil servants in the country.

 

 

 

 

This is the only estimated billion we hearing about , guys Zimbabwe is rich . Mari dzenyika dzirikutsakatikira mumaoko evashoma . We are loosing

 

 

 

 

Billions, wotonzwa rimwe gatawa richiti makorokoto to whoever recieved a gift from chedumbu that's bullshit ....and just like on The Gold Mafia, the silence from Dambudzo, Kiristofa and the rest of the Mafia will be so LOUD!

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