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Norton Member of Parliament (MP), <a href="https://www.pindula.co.zw/Temba_Mliswa">Temba Mliswa</a>, has said the National Prosecuting Authority (NPA) must tell <a href="https://zero.pindula.co.zw/zanu-pf-mp-justice-mayor-wadyajena-arrested/">where the US$5 million went</a> if the authority does not have evidence against his Gokwe-Nembuya counterpart, <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Justice Mayor Wadyajena</a>.
Mliswa’s remarks come barely days after Wadyajena (ZANU PF) was <a href="https://zero.pindula.co.zw/wadyajena-cottco-managers-removed-from-remand/">acquitted in a fraud case</a> in which he was being accused of embezzling COTTCO funds meant for acquiring bale cables and buying trucks.
Wadyajena was jointly charged with COTTCO bosses Pius Manamike, Maxmore Njanji, Chiedza Danha and Fortunate Molai. 
In a series of Twitter posts seen by Pindula News, Mliswa said the money cannot just vanish. We present the posts below:
<blockquote>
If the NPA says there is no evidence against Wadyajena in the US$5 million case, so where did the money go? At least someone should be accountable for that huge amount of money going missing. It cannot vanish into thin air as if from some backwater entity.
Even as Chairperson of the Agriculture Portfolio Committee Wadyajena kept doing business with Cottco. Its something that he should have declared and renunciated his position in any business with it. The fact that he didn’t reveals the compromised nature of his person.
Now the case has political angles with ZACC Commissioner Makamure being targeted as the instigator of Wadyajena’s arrest, allegedly to advance his own political ambitions. That’s a fallacy. It’s not Makamure who arrested Wadyajena but @ZACConline.
Makamure has never harboured any ambitions to be a legislator and he made a name and money a long time ago. That he even got into ZACC is out of respect for the President. He didn’t need the position, the same way Doug Munatsi got into ZIDA of respect not need.
His organisation, @SAPST has always worked with Parliament and it is contrived nonsense that he was working with the Americans. How did the CIO miss that when they vetted the organisation or him? Makamure is an upstanding citizen who is surely regretting working for the Gvt.
It’s very unfortunate when upstanding citizens are dragged into the mud like this by dirty politicians using the power of money to capture the courts and the media. We now know that many criminals are joining @ZANUPF_Official because they want to be protected. It’s a shame.
Ultimately such decisions and actions are an egg to the face of the ruling party. It shows all the talk about fighting against corruption is empty. How do you convince us that you are serious about fighting corruption when such cases flounder?
Why not just give ZACC a certificate to prosecute its own cases if you are serious? They have been asking for it but Gvt is refusing yet the NPA is consistently failing to get convictions. How do you win 4 cases out of 180 dockets&amp; maintain a straight face?
We can’t have a country where the system is only effective in persecuting those who speak out but redundant on progressive issues. Hon Sikhala is there languishing in remand, I have suffered the same with Chihuri but every dog has its day. Seasons pass and the weather changes.
Nobody is convinced that Gvt will effectively deal with corruption. It has only become efficient against those who truly stand up for the people. Biti, Sikhala, myself and many others, we see it. Asi ushe madzoro. That’s a timeous prophecy that requires no invocation to manifest.
We saw those who abused their offices and the law under Mugabe. Where are they now? Politicians still fail to learn and appreciate this epic dictate of life. What goes around comes around. To be safe just do the right things when you have the power.
</blockquote>
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Pindula News

"If There's No Evidence Against Wadyajena, Where Did The US$5 million Go?" - Mliswa

The government has announced pre-planting producer prices for the present summer cropping season in United States dollars.
Maize is set at US$335 per metric tonne, almost the same as what an imported tonne would cost once landed in Zimbabwe, according to <a href="https://www.herald.co.zw/farmers-welcome-new-producer-prices-2/#:~:text=Producer%20prices%20for%20traditional%20grains,US%240%2C46%2Fkg.">The Herald.</a>
<h2>Other grains:</h2>
<blockquote>
i). Producer prices for traditional grains were set at US$335 a tonne; 
ii). Soya beans at US$597.59 a tonne, 
iii). Sunflower at US$687.23 a tonne, 
iv). Cotton: a). grade D at US$0.40/kg, b). grade C at US$0.41/kg, c). grade B at US$0.43kg/kg d).  Grade A US$0.46/kg.
</blockquote>
Lands and Agriculture minister <a href="https://www.pindula.co.zw/Anxious_Masuka">Anxious Masuka</a> and Finance minister <a href="https://www.pindula.co.zw/Mthuli_Ncube">Mthuli Ncube</a> made the announcement in a joint statement issued Wednesday.
Masuka said <a href="https://www.pindula.co.zw/Grain_Marketing_Board">GMB</a> and the <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe</a> would only purchase strategic commodities (Maize, traditional grains, soya bean and cotton) financed under the Presidential Inputs programme and from self-financed farmers. GMB may also purchase grains from contractors. He said:
<blockquote>
All contractors including the Food Crop Contractors Association, CBZ Bank, AFC Bank are obligated to buy back contracted crops at market prices.
Self-financed farmers will sell to the best advantage of the market or to GMB and Cottco. GMB will provide commercial warehouse receipt services to grain contractors. Government will issue a statutory instrument that mandates private players to provide returns on storage grains to be able to track national stocks of maize and other grains.
</blockquote>
Cotton farmers have been getting 75% of their payments in United States dollars and the balance in local currency following the declaration of cotton as an export crop by the central bank.
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Govt Announces Grain Producer Prices

Harare regional magistrate Mr Taurai Manwere is on October 21 expected to give a ruling on Gokwe-Nembudziya legislator <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Mayor Justice Wadyajena</a>’s application challenging his placement on remand, <a href="https://www.herald.co.zw/wadyajena-cottco-bosses-ruling-date-set/">The Herald</a> reported.
Wadyajena is accused of <a href="https://news.pindula.co.zw/2022/08/17/zanu-pf-mp-justice-mayor-wadyajena-arrested/">fraud and money laundering</a> involving more than <a href="https://news.pindula.co.zw/2022/08/17/zanu-pf-mp-justice-mayor-wadyajena-arrested/">US$5.8 million</a> allegedly misappropriated at <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe (Cottco)</a>.
The ZANU PF legislator and his company Mayor Logistics are jointly charged with suspended Cottco bosses Pius Manamike, Maxmore Njanji, Fortunate Molai, Chiedza Danha and her company, Pierpoint Moncroix.
They allegedly used US$5 834 000 meant for importing bale ties to import trucks, buy fuel and make an assortment of other payments that had nothing to do with the ties.
Through their lawyer, Mr Oliver Marwa, Wadyajena and his company were back in court on Wednesday where they reiterated that there was no link between them and the offence and their co-accused. Marwa argued:
<blockquote>
The State has not quarrelled with points raised in paragraphs 28 to 33 of our application. We therefore find that those paragraphs to be proved as admitted in application. 
If there is no link between accused and offence, the consequence is they are non-suited and cannot spend a minute longer on remand
</blockquote>
Mr Marwa told the court that Wadyajena and his company showed their protest to their placement on remand when they notified the State of their intentions to contest this formally. 
Danha and her company, Pierpoint Moncroix, also said it was unclear how Danha had direct control of Pierpoint Moncroix in State papers.
Their lawyer Mr Harrison Nkomo, said Danha and her company did not launder any proceeds of any crime, nor benefited from the truck imports as alleged, therefore, they shouldn’t be placed on remand. 
They are also expected back in court on October 21, for a ruling on their applications.
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

US$5.8 Million Cottco Fraud: Harare Magistrate Set To Give Ruling On Wadyadyena & Co. Application

The Zimbabwe Anti-Corruption Commission (ZACC) has approached the courts questioning a change in bail conditions of <a href="https://www.pindula.co.zw/Cottco">Cottco</a> official Maxmore Njanji, who faces a fraud charge involving US$5.8 million.
ZACC cited the acting Prosecutor-General Nelson Mutsonziwa, the clerk of court, magistrates Taurai Manuwere and Marehwanazvo Gofa, senior regional magistrate Ngoni Nduna, chief magistrate Faith Mushure, Judicial Service Commission (JSC), National Prosecuting Authority (NPA) and Njanji as respondents.
In an application filed through its executive secretary Sukai Tongogara on September 23, ZACC said it wanted to be furnished with a September 21 record of court proceedings that led to the release of Njanji’s passport.
ZACC also wants the court to give an order to the effect that Njanji’s passport remains in the custody of the clerk until the matter is finalised.
Njanji is being charged alongside ZANU PF Member of Parliament for Gokwe-Nembudziya Justice Mayor Wadyajena and Cottco executives Pious Manamike, Fortunate Molai and Chiedza Danha director for Pierpont Moncroix Mauritius.
They are on $200 000 bail each.
Tongogara said ZACC’s urgent chamber application was motivated by its Constitutional mandate to secure the arrest and conviction of all persons suspected of corruption, abuse of power and other improper conduct which falls within its jurisdiction.
The anti-graft body said it was supposed to be notified of any applications that might seek to vary bail conditions of accused persons whom it would have investigated for offences relating to corruption.
Tongogara said Njanji’s bail conditions should never have been varied as that would jeopardise investigations.
<h2><a href="https://zero.pindula.co.zw/">Pindula News</a></h2>

Cottco Corruption Case: ZACC Goes After Court Officials Over Bail Conditions

The UK embassy has kept corruption-accused ZANU PF Member of Parliament for <a href="https://www.pindula.co.zw/Gokwe">Gokwe</a> Nembudziya, <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Justice Mayor Wadyajena</a>, guessing on whether he is going to travel to the United Kingdom or not as it delayed confirming his visa.
Wadyajena had successfully applied for his passport release by the courts a week ago so he could travel to the UK and Germany on parliament business.
Harare lawyer Oliver Marwa told Harare magistrate Taurai Manuwere on Thursday that his client was still waiting for confirmation of his travel to the United Kingdom from the British embassy in Pretoria, South Africa.
The lawyer also said even if Wadyajena fails to travel to the UK, he still has another trip to Germany soon, according to <a href="https://www.zimlive.com/2022/09/fraud-accused-wadyajenas-anguished-wait-for-uk-visa/">ZimLive.com</a>.
<ul>
<li><a href="https://news.pindula.co.zw/2022/08/31/cottco-5m-scandal-wadyajena-allowed-to-travel-to-europe-after-threatening-to-name-others-involved-mliswa/">Cottco $5m Scandal: “Wadyajena Allowed To Travel To Europe After Threatening To Name Others Involved” – Mliswa</a></li>
</ul>
This comes after the controversial lawmaker’s recent arrest with details of his fraud scandal recently splashed in the media for all to see.
Wadyajena is being charged together with his company Mayor Logistics, <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe (Cottco)</a> managing director Pius Manamike, Maxmore Njanji, Fortunate Molai, Chiedza Danha, a director of Pierpoint Moncroix Mauritius.
They are accused of defrauding Cottco of US$5.8 million in a money laundering scam.
Wadyajena said he intends to challenge his placement on remand by 13 September.
Njanji also successfully filed for the release of his own passport saying he wanted to go to South Africa for a medical examination.
The application was not opposed.
Manuwere said Njanji should return his passport on September 30. 
They were recently granted $100 000 bail each by Harare magistrate Stenford Mambanje.
<h2><a href="https://zero.pindula.co.zw/">Pindula News</a></h2>

UK Embassy Keeps Justice Mayor Wadyajena Waiting On Visa

The Zimbabwe Anti-Corruption Commission (ZACC) has said it recovered assets worth more than US$25 million from January to August 2022 through its asset recovery and forfeiture unit.
Assets that the anti-graft body recovered include houses, residential stands and vehicles. Cash recoveries are also expected.
ZACC spokesperson Commissioner John Makamure told the Chronicle that the commission has now shifted its focus to high-profile cases for investigation. He said:
<blockquote>
ZACC has recovered assets worth more than US$25 million from January to date through its asset recovery and forfeiture unit. We have exceeded recovering assets worth US$25million. We are focusing on high-profile cases.
Once assets have been seized we hand over the investigation docket to the National Prosecuting Authority which has the mandate to make an application to the High Court for the forfeiture of the assets. Forfeited assets are managed by the Asset Management Unit housed at the Reserve Bank of Zimbabwe. Cash is remitted to Treasury.
</blockquote>
Makamure added that ZACC also relies on Auditor General’s reports as well as whistleblowers to trace corruption cases.
Over 40 high-profile cases whose investigations were completed are pending before the courts, according to the Chronicle.
Recently, ZACC seized 22 haulage trucks and two luxury vehicles belonging to ZANU PF’s Gokwe-Nembudziya Member of Parliament, Justice Mayor Wadyajena’s on allegations that they were acquired through proceeds from corruption.
Wadyajena and his accomplices, Cottco managing director Pious Manamike, marketing manager Maxmore Njanji, Fortunate Molai also of Cottco and Chiedza Danha, director for Pierpont Moncroix Mauritius were arrested by Zacc two weeks ago over fraud involving US$5.8 million.
The matter is before the courts, yet, <a href="https://news.pindula.co.zw/2022/08/31/cottco-5m-scandal-wadyajena-allowed-to-travel-to-europe-after-threatening-to-name-others-involved-mliswa/">he travelled to Europe for official government business</a>. 
While the recovery is commendable, it also signifies how deeply entrenched corruption is in Zimbabwe. Over the years, Zimbabwe has constantly featured on the list of countries with high levels of corruption globally.
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

ZACC Says It Has Recovered Assets Worth US$25 Million Since January

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<div>Norton Member of Parliament (Independent), <a href="https://www.pindula.co.zw/Temba_Mliswa">Temba Mliswa</a> has claimed that underfire Gokwe-Nembudziya legislator, <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Justice Mayor Wadyajena</a> was allowed to travel to Europe after he had threatened to expose others involved in the $5 million Cottco fraud scandal.</div>
<div> </div>
<div>Wadyajena and his co-accused <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe (Cottco)</a> executives, Pious Manamike (54), Maxmore Njanji (47), Fortunate Maloi (34) and Chiedza Danha (39) are facing fraud and money laundering charges involving US$5.8 million.</div>
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<div>They were recently granted $100 000 bail each by Harare magistrate Stenford Mambanje. </div>
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<div>Mliswa says Wadyajena should not have been allowed to go considering the gravity of the charges against him. In a series of Twitter messages compiled by Pindula News, Mliswa said:</div>
<blockquote>
<div>
Wadyajena’s case, characteristic as it is of the many scandals that are engulfing this nation presently, typifies the level of institutional rot and political decadence from which we should rescue ourselves lest we complete the circle of a failed nation.
</div>
<div>Wadyajena was arrested on 17 August over a US$5 million corruption. To protect the integrity of Parliament he was supposed to stand down as Chairperson of the Agriculture Committee or be removed! That hasn’t been done. Instead, there have been machinations to protect him!</div>
<div> </div>
<div>A leaked letter shows that Parliament actually pushed for him to have his passport released so that he could travel to Europe! This is a travesty of every ethical standard imaginable. Energy should have been exerted to replace Wadyajena &amp; not to advance his cause to go.</div>
<div>
The reasons for these machinations to protect him are mainly because he has threatened to divulge all those who were involved with him in the scandal. There is thus blatant political interference in the legal process as people scurry to cover tracks.</div>
<div>
How does a well-meaning judiciary allow someone most likely with offshore accounts to travel outside in the midst of a financial trial of this nature? It’s plain that outside pressure is being exerted on the system and it has capitulated.</div>
<div> </div>
<div>For the corruption apologists, this is the Parliament of Zimbabwe Code of Conduct and Ethics. It clearly spells out what is expected of legislators. Wadyajena violated all these sections and Parliament as an institution has not effected corrective measures.</div>
</blockquote>
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<div>For context the US$5 million Wadyajena case follows up on the US$60 million Drax Covid saga, the US$344 million Pomona and the US$9 million Morton Jaffray scandals. If ever citizens need to awaken and realise what is happening it is now. These are no fly-by-night cases.</div>
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<div>These are all cases where corruption is engineered from high offices and is institutionalised. Weak and contaminated institutions are a motif of failed countries. We cannot allow that to happen.</div>
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<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>
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Cottco $5m Scandal: "Wadyajena Allowed To Travel To Europe After Threatening To Name Others Involved" - Mliswa

Political analyst Ibbo Mandaza has said ZANU PF Gokwe-Nembudziya legislator Justice Mayor Wadyajena’s “arrogance” showed that he could have a lot of money stashed elsewhere.
This comes after Wadyajena last week dared the Zimbabwe Anti-Corruption Commission (ZACC) to <a href="https://news.pindula.co.zw/2022/08/24/wadyajena-tells-zacc-to-take-cars-houses-saying-he-will-relocate-to-gokwe/">confiscate all his property</a> after the anti-graft body had seized his fleet of trucks pending the outcome of a court case where he is accused of fraud.
While addressing ZANU PF supporters at a local school in his constituency last week, Wadyajena said:
<blockquote>
Let them take the trucks, let them take cars, even if they want to take my houses let them come and take them.
I came from this area, if things go bad I will come back. I left this area with a bag and if things do not work out I will come back with my bag.
I have heard people say I will go to parliament on a bicycle or a ZUPCO, what is wrong with that? Are those who use bicycles and buses not people? I will use those.
</blockquote>
During a presentation at the Centre for Natural Resources Governance’s 10th-anniversary celebrations in Harare, Mandaza described Wadyajena’s utterances as “shocking and scary”. <a href="https://www.newsday.co.zw/2022/08/wadyajena-shockingly-arrogant-mandaza/">NewsDay</a> quotes Mandaza as saying:
<blockquote>
When I heard the Gokwe-Nembudziya MP boasting saying that Zacc should take everything, l think this was meant to say that he has enough money elsewhere, and that was arrogant. You get scared. l also believe criminality in this country should just stop.
It’s true that in Zimbabwe we lost US$15 billion dollars worth of diamonds. Zimbabwe will have to one day account for the loot that is outside the country and make our economy get going again. It’s very unfortunate that it is difficult to travel to Victoria Falls by road because of poor roads when the country has natural resources.
</blockquote>
Mandaza said action needs to be taken to revive the Zimbabwean economy that has been collapsing since the turn of the millennium. 
<h2>Some context:</h2>
Wadyajena and his co-accused Cotton Company of Zimbabwe (Cottco) executives, Pious Manamike (54), Maxmore Njanji (47), Fortunate Maloi (34) and Chiedza Danha (39) are facing fraud and money laundering charges involving US$5.8 million.
They were recently granted $100 000 bail each by Harare magistrate Stenford Mambanje.
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

Ibbo Mandaza Says Wadyajena's Arrogance Suggests He Could Have Lots Of Money Elsewhere

ZANU PF’s Member of Parliament for Gokwe-Nembudziya, <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Justice Mayor Wadyajena</a>, has told the <a href="https://www.pindula.co.zw/Zimbabwe_Anti-Corruption_Commission">Zimbabwe Anti-Corruption Commission (ZACC)</a> to seize every piece of property he owns saying he would relocate to Gokwe. 
Wadyajena who is facing US$5 million corruption charges and was arrested alongside four <a href="https://www.pindula.co.zw/Cottco">Cotton Company (Cottco)</a> senior managers last week made the remarks in his constituency where he received a hero’s welcome. 
His remarks come barely a week after he was granted ZW$200 000 by a Harare magistrate after spending two nights in custody over the alleged diversion of funds meant for subsistence farmers to his truck business.
Some 22 trucks registered under Mayor Logistics were Monday seized by ZACC, two days after two top-of-the-range vehicles were impounded in <a href="https://www.pindula.co.zw/Beitbridge">Beitbridge,</a> with reports indicating he was trying to smuggle them out of the country.
Meanwhile, the High Court has issued a 30-day order to attach Wadyajena’s whole fleet of trucks but he says he is not moved. He said while addressing ZANU PF supporters at a local school in his constituency:
<blockquote>
Let them take the trucks, let them take cars, even if they want to take my houses let them come and take them.
I came from this area, if things go bad I will come back. I left this area with a bag and if things do not work out I will come back with my bag.
I have heard people say I will go to parliament on a bicycle or a ZUPCO, what is wrong with that? Are those who use bicycles and buses not people? I will use those.
</blockquote>
<a href="https://www.pindula.co.zw/Hopewell_Chin%27ono">Hopewell Chin’ono</a>, a local journalist, believes that if Wadyajena whom he regards as a “small fish” stole at least $5 million, then his seniors must have stolen billions to the detriment of the south African country.
He claims Zimbabwe’s economy collapsed and is in a parlous state due to corruption.
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

Wadyajena Tells ZACC To Take Cars, Houses Saying He Will Relocate To Gokwe

The High Court has issued a 30-day order for taking over 22 trucks owned by Gokwe-Nembudziya legislator <a href="https://www.pindula.co.zw/Justice_Mayor_Wadyajena">Justice Mayor Wadyajena</a> pending investigations into allegations of fraud.
<a href="https://www.herald.co.zw/high-court-escalates-property-seizure-order-against-wadyajena/">The Herald</a> reports that the holding of the trucks can be extended under the law as investigations progress and a trial and court dates are set down.
After the Zimbabwe Anti-Corruption Commission (ZZACC) obtained the emergency warrant of search and seizure at the magistrates’ courts at the weekend, the National Prosecution Authority on Monday went to the High Court and successfully applied for a property seizure order before Justice Pisirayi Kwenda.
Subsequently, the ZACC investigator was designated as the official to hold onto the trucks.
In granting the latest order, Justice Kwenda authorised the ZACC official to enter Mayor Logistics business premises to seize the entire fleet. He said:
<blockquote>
The purpose of this property seizure order is to preserve the said property from dissipation or alienation pending investigations into allegations of fraud and money laundering….
</blockquote>
In addition to the 22 trucks listed in the court order permitting the seizure granted at the lower court, the same order allows ZACC to hold two luxury cars, a Lamborghini and BMW X6, temporarily held by Beitbridge Border Post authorities last Friday while they were on their way to South Africa.
The five are accused of diverting <a href="https://www.pindula.co.zw/Cottco">Cottco</a>‘s US$5 million meant for buying bale ties to the trucks now allegedly being used by Wadyajena.
But the trucks and other assets now being sought and seized are more likely to be forfeited to the State in a separate civil application under a law meant to reclaim assets acquired through unlawful activity.
Wadyajena and his accomplices were granted $200 000 bail each by a Harare regional magistrate, Mr Stanford Mambanje, who also ordered them to surrender the title deeds to their personal properties as surety. 
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

High Court Issues 30-day Order For Taking Over Wadyajena's 22 Trucks

Two suspended <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe (Cottco)</a> executives allegedly stormed the company’s offices last Wednesday morning in violation of their suspension and bail conditions.
NewsDay reports that Pious Manamike (chief executive) and Maxmore Njanji (head of marketing and ginning), are challenging their forced leave and apparently seeking reinstatement.
They are, among other things, arguing that the Cottco board is illegal because it was not appointed with the blessing of other shareholders besides the government.
Government has a 37% stake and plans to up its shareholding in the company.
The suspended officials’ actions may have violated their suspension and bail conditions and could see law enforcement agents turning the heat on them.
A Cottco manager who requested not to be named told NewsDay Zimbabwe:
<blockquote>
They came on Wednesday morning at 8 am and they wanted to go back to work, but other executives stopped them on grounds that it is the board of directors responsible for their appointments. 
They are now arguing that all Cottco board members were selected by the government and other shareholders did not second their representatives, therefore, making the board, which they have been reporting to for a long time, null and void or illegal.
</blockquote>
Cottco board chairperson Sifelani Jabangwe yesterday told NewsDay Zimbabwe that he was yet to read the letter submitted by the duo, but he warned they could have violated both their suspension and bail conditions. Jabangwe said:
<blockquote>
I am normally away from Cottco, so will attend to their letters next week which I understand they delivered to the Cottco headquarter premises. If the two hand-delivered the letters to Cottco premises, then they breached the conditions of the leave and they also most likely breached their bail conditions.
</blockquote>
They were arrested in late June on allegations of securing a contract for their fleet of 40 trucks to deliver inputs from Cottco’s major supplier Ferts, Seed and Grain (FSG) Private Limited.
The duo was <a href="https://news.pindula.co.zw/2022/07/07/corruption-accused-cottco-bosses-granted-100-000-bail-each/">granted ZWL$100 000 bail each</a> when they appeared before Harare magistrate Stenford Mambanje on Wednesday 6 July 2022.
<h2><a href="https://news.pindula.co.zw/">Pindula News</a></h2>

Suspended Cottco Executives Defy Suspension And Bail Conditions

The <a href="https://www.pindula.co.zw/Zimbabwe_Anti-Corruption_Commission">Zimbabwe Anti-Corruption Commission (ZACC)</a> has arrested two <a href="https://www.pindula.co.zw/Cottco">Cotton Company of Zimbabwe (Cottco)</a> bosses who are now facing corruption charges.
The two are, Pius Manamike (managing director ) and Maxmore Njanji (head of ginning, marketing and business development ).
<a href="https://www.newsday.co.zw/2022/07/2-cottco-bosses-to-spend-weekend-in-remand/">NewsDay</a> reports that they were remanded in custody until Monday when they will be expected to appear in court for bail hearing. ZACC spokesperson <a href="https://www.pindula.co.zw/John_Makamure">John Makamure</a> told the publication:
<blockquote>
Manamike was arrested on Tuesday.  He appeared at the Rotten Row Magistrates Court on Thursday and was remanded in custody to yesterday for bail application, whereas Njanji was arrested on Thursday and detained at Avondale Police Station until his court appearance for initial remand yesterday. Their bail bids apparently flopped.
</blockquote>
They are accused of securing a contract for their fleet of 40 trucks to deliver inputs from Cottco’s major supplier Ferts, Seed and Grain (FSG) Private Limited.
Government is the major shareholder in Cottco with a 37% stake after its privatisation in 1994. The remaining shares are spread across a number of shareholders with the second largest two shareholders owning 10% shares each.
<h2>More: <a class="external text" href="https://zero.pindula.co.zw/download/" rel="nofollow">Pindula News </a>is best enjoyed <a href="https://zero.pindula.co.zw/download/?utm_source=PindulaArticles&amp;utm_campaign=DownloadLink">via the App. Download it here</a></h2>

Cottco Bosses Arrested Over Corruption Allegations

The government has released $1.75 billion as part payment to thousands of cotton farmers who were owed a combined $2.5 billion.
Cotton Company of Zimbabwe (Cottco) chief executive officer Pius Manamike told NewsDay Business yesterday that $1.75 billion had been paid in three tranches since the end of last year.
<blockquote>
Government paid in three tranches, two tranches of $500 million each and then the third one of $750 million.
The balance is now $750 million and the plan is to have it paid off before the end of this month.
</blockquote>
This comes as the government maintains incentives, including payment of an above market price, to encourage the production of cotton across the country.
There have been concerns that late payment to cotton farmers, along with those producing such crops as maize, was contributing to a drop in production levels.
Cotton farmers are mostly paid in Zimbabwe dollars, which has been depreciating fast on both the parallel and official markets.
In many cases, affected farmers have ended up failing to procure inputs to return to production because of the depreciation of the local currency.
Cotton output has declined in the past decade, as farmers switched to other crops, such as tobacco, where they are paid in foreign currency.
Manamike said it was too early to make production estimates for the new season.
However, there have been concerns across the country that a mid-season dry spell that affected other crops could affect cotton output.
Cottco is also mulling introducing micro-ginneries as part of its strategic remodelling, which is expected to see the company investing in oil production and fabric weaving technology.
Cottco is on an expansion drive that will see it transform into one of Africa’s biggest cotton dealers within 10 years.
More: <a href="https://www.newsday.co.zw/2022/03/govt-makes-18bn-part-payment-for-cotton/">NewsDay Zimbabwe</a>

Government Releases $1.75 Billion As Part Payment To Cotton Farmers

The Cotton Company of Zimbabwe has received $502 million from the government for onward payment of last years outstanding subsidies to farmers for their cotton deliveries.
The government has released the second batch of the outstanding subsidies for cotton delivered by farmers last season.
Cotton Company of Zimbabwe, Cottco Chief Executive Officer Pious Manamike confirmed receiving the second batch of $502 million to settle outstanding government grants to farmers who were yet to get their dues since last year. He said:
<blockquote>
We are very happy that the government continue to fulfil its promise, we got the first batch of 66 million dollars in June and yesterday we received another batch of 502 million dollars which we are going to pay all farmers with bank and mobile accounts.
We urge those who are yet to open accounts to do so and we encourage banks to also go down to the grassroots and assist farmers with opening accounts.
We have so far received 105 metric tonnes of cotton this season, and deliveries are still coming in and we are confident that the target of 150M/T is achievable.
</blockquote>
The government has this year put cotton under the Pfumvudza programme and 400 thousand farmers participated.
Over 500 thousand households are expected to grow the cash crop under the presidential inputs scheme this season.
More: <a href="https://www.zbcnews.co.zw/cotton-farmers-to-start-getting-money-by-monday/">ZBC News</a>

Government Unveils $502 Million To Settle Outstanding Subsidies To Cotton Farmers

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