LATEST: Zesa bosses granted bail in $35m fraud case

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By Mary Taruvinga

ZESA executives arrested on allegations of criminal abuse of office were Thursday released on $3,000 bail each by a Harare court.

Group CEO Josh Chifamba appeared in court together with two senior executives from the power utility’s subsidiary, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC).

All three were also ordered to each surrender title deeds to property worth $250,000 as surety as well as to report twice a week at the ZRP commercial crimes division among other conditions.

According to police spokesman, the officials were arrested in connection with a $35 million tender involving an Indian company.

“We can confirm the arrest of three ZETDC senior managers Joshua Chifamba (age not given), Julian Chinembiri (53) and Thoko Dhliwayo (51) for contravening section 174 (1)(a) of the Criminal Law Codification and Reform Act Chapter 9:23,” said Nyathi.

“The arrest is in connection with criminal abuse of office involving the Zesa Enterprises (Pvt) Ltd and an Indian company called PME for the supply of transformers and other equipment worth $35 million meant for Chiwaridzo and Aerodrome in Bindura, Senga in Gweru and Cowdry Park in Bulawayo.

“The two (Chinembiri and Dhliwayo) are also facing allegations of abuse of office in connection with payments made to Fruitful Communications for advertising ZETDC products without going to tender.”