fbpx
Zimbabwe News and Internet Radio

Jonathan Moyo blew $1m at trade fair alone — Report

By Tatenda Dewa | Harare Bureau

As more details on the alleged looting of the Zimbabwe Manpower Development Fund (ZIMDEF), Jonathan Moyo’s ministry reportedly used close to $1 million at the 2016 Zimbabwe International Trade Fair (ZITF) in Bulawayo.

Higher and Tertiary Education Minister Professor Jonathan Moyo
Higher and Tertiary Education Minister Professor Jonathan Moyo

The figure is considered too high and the Zimbabwe Anti-Corruption Commission (ZACC) is probing the questionable expenditure.

In 2015, ZIMDEF spent only $22,745 at the fair, but the figure jumped to a whopping $947,463 this year, a difference of more than $900,000, according to ZACC.

The ZIMDEF breakdown of expenses at the 2016 fair indicates numerous loopholes.

It shows that AB Communications, a media outfit that ran adverts on the Higher and Tertiary Education ministry that Moyo heads and under which ZIMDEF falls, was paid $482,149.

However, AB Communications has since revealed that it only received $12,000 for advertising.

A staggering $127,000 went towards purported stand renovations while preparations for the exhibition gobbled close to $200,000.

Related Articles
1 of 197

Space for the ZITF showcase cost $28,876, according to ZIMDEF, even though the fair charges an annual fee of only $4,000.

This yearly figure is understood to also cater for ZITF works on an exhibitor’s stand maintenance, but ZIMDEF claims $32,593 was used to the job.

This means that ZIMDEF paid around $61,000 for a job that ordinarily needs $4,000.

Outside the ZITF budget, ZIMDEF allegedly flouted expenditure regulations.

With Moyo’s nod, it allegedy bought ministry vehicles worth $200,000 in September 2015 despite an audit recommendation not to do so.

In June 2016, ZIMDEF further procured an $80,000 vehicle for Moyo’s deputy, Godfrey Gandawa.

Moyo also blew $3,000 during a meeting with Vice President Phelekezela Mphoko on 4 July this year.

Mphoko has been defending Moyo who ZACC separately wants arrested for looting $430,000 from ZIMDEF.

Moyo has admitted to the $430,000 allegations, but insists the money was properly used because it funded President Robert Mugabe’s birthday bash, Zanu PF rallies and donations to his constituency.

Some $3,200 was drawn from ZIMDEF to finance the funeral of Moyo’s daughter in November 2015 even though he also illegally obtained a $24,000 loan towards the same purpose. Nehanda Radio

Comments