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A private fuel supplier, First Oil, has been ordered to refund CMED US$2,7 million it received from the State-run transport entity for the supply of three million litres of diesel in a botched fuel deal, in which the High Court found both companies to have breached their own agreement.
By Freeman Razemba CMED (Pvt) Ltd board chairman and managing director of Nemchen (Pvt) Ltd, Mr Leslie John Denn, who committed suicide last week in unclear circumstances, was reportedly taking anti-depression drugs for the past few months. Sources yesterday said investigations carried out so far revealed that Mr Denn’s family had been planning to take […]
HARARE – An inquiry into a $3 million fuel procurement scandal at government transport enterprise CMED has recommended further investigation into the scam after it emerged that the parastatal flouted procedures by awarding the tender to an unlicensed petroleum company.
CMED Ltd has implicated its managing director Mr Davison Mhaka in the US$3 million fuel scam and accuses him of trying to conceal incriminating evidence. Also implicated is the parastatal’s fuels manager, Mr Brian Manjengwa.
The US$3 million CMED fuel scandal has sucked in National Oil Infrastructure Company and Petrotrade chief executive officers Messrs Wilfred Matukeni and Tanaka Sikwila amid revelations they lied that First Oil had three million litres of fuel at its Msasa depot when its tanks were dry.
The Central Mechanical Equipment Department (CMED) is almost broke, amid revelations that the parastatal entered into a $2.7 million dodgy deal with a fuel company that never delivered.