Chivayo probe intensifies

Ex-convict and businessman Wicknell Chivayo is under a fresh probe over his multi-million dollar energy deals with the Zimbabwe Power Company (ZPC) amid allegations of corruption, money-laundering and externalisation.

The National Economic Conduct Inspectorate (NECI), a State arm under the Finance ministry, has demanded to see Chivayo’s Intratrek bank statements, cash books and other documents pertaining to the Gwanda Solar Project and Munyati Power Station.

A letter signed by one Musasiwa on behalf of the NECI director on December 7, 2017 indicated that Treasury was probing the businessman to ascertain if his deals were above board and that he did not externalise money.

This story is for NewsDay subscribers.