Air Zimbabwe bigwigs fleece millions

Air Zimbabwe bigwigs fleece millions
Published: 27 January 2014
Air Zimbabwe (Private) Limited was prejudiced of €5 895 695,49 and $1 298 827,88 - totalling around  $11 million - in a 4-year aviation insurance scam involving top management at the airline, according to BCA Forensic Audit Services.

The audit report on Air Zimbabwe's aviation insurance dated December 28, 2013, also sucks in Secretary for Transport and Infrastructural Development, Munesu Munodawafa.

The report does not say Munodawafa benefited materially from the scam, but it accuses him of acting to protect the interests of his niece, Grace Pfumbidzayi.

Pfumbidzayi is Air Zimbabwe company secretary and is at the centre of the alleged scam, having authorised fraudulent payments to Navistar Insurance Brokers, according to the report.

BCA Forensic Audit Services recommends not only that criminal proceedings be instituted against those implicated, but also says the matter must be brought to the attention of President Mugabe due to its magnitude.
- herald
Tags: airZimbabwe,

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