21 March 2018
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MPs grill minerals board over $340,000 holiday loot

13/03/2018 00:00:00
by Business Reporter
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PARLIAMENT’S Public Accounts Portfolio Committee this Monday demanded answers executives of a mines ministry parastatal over abuse of funds highlighted by the auditor general Mildred Chiri in her 2016 report.

At least nine Minerals Marketing Corporation of Zimbabwe (MMCZ) executives drew between $20,000 and $40,000 per annum in holiday allowances without providing relevant support papers.

Eddie Cross, Bulawayo South MP, queried the allowances awarded to senior management amounting to $340,000 without proper documentation.

He said; “I really want to come and work for you. $40,000 per annum holiday allowance?”

MMCZ acting general manager, Masimba Chandavengeswa, one of those who benefitted, told the committee that the decisions were made by three people who included former Mines ministry permanent secretary Francis Gudyanga, MMCZ Finance and Audit departments’ heads.

“We had this era where decisions were being made by three people,” said Chandavengeswa.

“The procedure is, if I want to access my benefit, I should write to the general manager; people would then look for quotations and submit to the general manager and it’s processed accordingly.

He added, “But in this particular case, management were told that everything now was being centralised within the finance and audit department because travel agencies were no longer interested.

“The reason being you would either travel or get cash equivalent, so no one ended up travelling after getting the quotations.

“After the centralisation, I did my letter without supporting documents and with no amount and they transfer the funds into my account.

“Everyone was made to understand that the documentation was done but it turned out as we were doing the disciplinary process, all the documentation was nowhere to be seen.”

The acting general manager said the anomalies were corrected immediately after the expose by the auditor general report in 2016.

The parliamentary committee also heard that the board of three would award themselves $316 per board meeting and a $700 monthly retainer fee.

“Some of the meetings were not even known by the (company) secretary,” Chandavengeswa said.

The committee also grilled the delegation over almost $280,000 awarded to employees in performance bonuses and on top the annual 13th cheque.


Chandavengerwa said the performance bonus was granted whenever the entity recorded a profit but will now be awarded in accordance to a so-called Result Based Management framework adopted by government.

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