Forensic audit exposes massive NRZ fraud

A FORENSIC audit report on the National Railways of Zimbabwe procurement system has revealed that fraudulent activities could have cost the rail company millions of United States dollars.

Conducted by Baker Tilly Gwatidzo Chartered Accountants, the forensic audit covered the period 2010 to 2015.

The report was presented in Parliament by Transport minister Joel Biggie Matiza, but is still to be dealth with by the Public Accounts Committee chaired by Tendai Biti, which is busy with the forensic report on power utility, Zesa Holdings.

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