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High Court Orders Ministers July Moyo And Frederick Shava To Repay ZiG200 Million In Unapproved Loans

4 months agoTue, 29 Oct 2024 14:27:47 GMT
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High Court Orders Ministers July Moyo And Frederick Shava To Repay ZiG200 Million In Unapproved Loans

The High Court of Zimbabwe has convicted Public Service, Labour and Social Welfare Minister July Moyo and Higher and Tertiary Education, Innovation, Science and Technology Development Minister Frederick Shava, for unlawfully borrowing over ZWG200 million from critical funds without prior approval from the Treasury.

The ministers were sued by Marvellous Kumalo, a former opposition legislator, who accused them of violating the Public Finance Management (Treasury Instructions), 2019, and the Constitution.

Kumalo argued that the ministers borrowed money from several government funds intended for the welfare of vulnerable populations, including children, the elderly, and skilled workers, without seeking the necessary Treasury approval.

The application was filed on September 24, 2024, at the Harare High Court, with Kumalo represented by Tonderai Bhatasara of Zimbabwe Lawyers for Human Rights. He claimed that the ministers’ actions violated principles of transparency and accountability.

The borrowings, which occurred between 2019 and 2023, were detailed in the 2023 Auditor-General’s Report, highlighting the ministers’ disregard for legal procedures.

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On October 18, 2024, Justice Gladys Mhuri ordered both ministers to reimburse ZWG206,370,840 to the relevant funds within three months.

Moyo was ordered to repay ZWL$515,657,986 from the Sustainable Livelihoods Fund, ZWL$3,544,915 from the Child Welfare Fund, and ZWL$153,468 from the Older Persons Fund.

Shava was ordered to repay ZWL$5,250 from the Industrial Training and Trade Testing Fund and ZWL$2,123,558 from the Skilled Manpower Trade Testing and Certification Fund.

The court also mandated both ministers to seek Treasury authorisation for all previously borrowed amounts within 60 days of the ruling.

More: Pindula News

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37 Comments

rate ranga riripapi · 4 months ago
13.5/US saka so Z200million/13.5 = ..........mari yakawandisa iyi varume nyika yopera nevene vayo.
. · 4 months ago
We eat for you mantra
Ding Dong · 4 months ago
The
👶 · 4 months ago
then the country is expected to progress with people who only think about themselves, such peoplein government offices tarnish the entire government at large. The very same people who voted for them are being neglected, while they dress all nice squandering tax payers money. The president should make these two an example and fire them without benefits, few days back the president was talking about dealing with corruption. May these two be dealt with
Sir African · 4 months ago
Which president are talking about,he is the worst thief
🕺🏋️‍♂️🏃‍♂️ · 4 months ago
no wonder these madalas cling onto power fckin thieves
jivaschihwehwete@gmail.com · 4 months ago
Guvys, we are getting it wrong here, the ministers did not pocket these funds, but these funds were misappropriated within their ministries. And not embezzled as misinterpreted here. The ministers are just respondents, otherwise the crimes were committed when they were not office bearers.
Antman · 4 months ago
July Moyo has been in that office for how long?
pk · 4 months ago
🤣🤣🤣🤣🤣🤣 @jivas you have understood the statement 💯 sport on some guys are just throwing comments 🤣🤣🤣🤣🤣🤣🤣
g · 4 months ago
correct
Dhadza · 4 months ago
Saka kuti mubatwe zvakutoda opposition' mega will go forever. makaipa vanhu imimi.Apa mari yamakadya ndeyevanhu vanotambura futi.
Chibaa · 4 months ago
200 million Zig divide by Bank rate USD 27 it's USD 7 million Saka team yekuba 4 million iya hapana chawakabazve nyika yedu inenari
bounty hunter · 4 months ago
more than 4million remember zvakaitika 2023 .. ma minister akaita profit isingaiti
Mbavha · 4 months ago
Zimbabwe inogara nembavha huori uhwo zvafanana nachuvhayo mupfumira chugumba wadyejena guvamatanga isaac moyo h rushwaya team mbavha. pauro nyati a obva a nyarara kutaura kutadza basa uku zviremwa rembwa police
Chiurai · 4 months ago
Ndoo mhosva vakaadimbura by half. Other Guys ku musoro ikoko borrowed mazig only to repay adonha. They borrow ekutengesa iwawa. Why borrow zw or zig ma US aripo. Matsotsi plus vakawanda Ana tipe ma Zig titenge se. They made their profits
dj TECH 🇿🇼 · 4 months ago
NOISE IYI
Anonymous · 4 months ago
Zanupf brain washed rural people they don't get to hear news like these ndosaka ichinamira pachigaro. Vanhu vachinji we are under sanctions vachibvuma kupusiswa
Khutshwekhaya · 4 months ago
Nenzara irikumisha machembere varikutambura uko. Kuti vatengese mombe vawane chikafu price yacho irikutengwa nayo mombe it's pathetic, imagine wotenga mombe usd300 then you are forced to sell it ne usd150 nenyaya yenza. Umwe hutsinye so kaa
madhu · 4 months ago
The word Loan is an abbreviation anyone with the meaning
Anonymous · 4 months ago
When you are a minister, something you take and never pay back.
Nice Easy Profit · 4 months ago
since the zig was devalued from 14 to 24, they now only have to sell about half of the usd that they bought with the zim$ ****s,in order to pay back the ****s ... leaving them with a tidy profit of the other half of the usd in their pockets
wtf ? · 4 months ago
l.o.a.n.s , wtf is wrong with pindula and the word l.o.a.n.s ?
nherera · 4 months ago
Gentle man these guys are wicked to their children when you die your children grand children great grand children inherit your debt why borrow money at that age
Anonymous · 4 months ago
They are never going to pay it back.
Onismo mafuta · 4 months ago
Pamberi naED,, teach them lesson
𝙎𝙞𝙮𝙤𝙮𝙤 · 4 months ago
do you mean ED, Erectile Diffusion or Economic Downfall
laugh emoji1
shurushuru · 4 months ago
ED ita basa. fire these bustards and throw them behind bars. worasa key dzacho
madhu · 4 months ago
This zanu pf virus is spreading very fást more than the coronavirus pakutodiwa lockdown yemumajeri kuchislower down because it is causing more harm than good to our nation
𝙎𝙞𝙮𝙤𝙮𝙤 · 4 months ago
ini hangu ndinoti bato rinobva vanhu ava vari 2 dai rabviswa pa position pariri coz it is causing many problems to citizens
Ctrl Alt Del · 4 months ago
kubira vana ne chembere neharahwa if it was a normal country they should be in jail
𝙎𝙞𝙮𝙤𝙮𝙤 · 4 months ago
true

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