Ngwerume re-elected as court okays Cimas AGM

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LUKE Ngwerume was re-elected into the Cimas Medical Aid Society after a bid by members to postpone yesterday’s annual general meeting faltered at the High Court.

BY VICTORIA MTOMBA

Some disgruntled members had made an urgent application at the High Court to postpone the meeting on the grounds that it had not followed proper procedures.

Speaking at the company’s AGM yesterday, Cimas Medical Aid Society chairperson Mordecai Mahlangu said the group was served with an urgent court application by one of its members and the board went to court before the AGM was held in the morning.

“We had to go to court, issues were discussed and efforts to postpone this meeting were dismissed,” Mahlangu said.

“The court confirmed that this additional business has not been properly notified and there was doubt if it was competent business for the society. We will deal with issues that are on the agenda. One of our members wanted to introduce new issues.”

Mahlangu said the society was guided by the constitution and anything that had to be discussed had to be provided for in the constitution.

Disgruntled members led by Harare businessman Chester Mhende wanted to oust seven directors from the board, including the group chief executive MacDonald Chaora, Ngwerume, Timothy Johnson and Matts Valela, for their association with Old Mutual and some of its subsidiaries.

However, Ngwerume was appointed to the board yesterday as he was retiring by rotation and offered himself for re-election.

Mhende wanted Chaora to be removed on the grounds that the financials that were proposed for adoption at yesterday’s meeting did not make some necessary disclosures, including the amount of money spent on free medical cover and treatment by board members and employees.

Mhende said there was no justification for expenditure amounting to $15 million on information communication technology. Unfortunately, the issue was not on the AGM’s agenda.

Mahlangu said he remembered that the issue was raised, but the board would revisit the issue through a recording from last year’s AGM.

Mhende argued he had provided for 3 500 proxies, but the proxies were not counted by management.

Mahlangu said the issue of proxies and the determination of the validity of proxies was a management issue.

He said some of the signatures on the proxies were different from the original signatures that they signed.

Mahlangu said there was not going to be any fireworks at the AGM as reported in the media.

2 COMMENTS

  1. The problem here in Zimbabwe is accountability
    When anyone gets a chance in any organisation he or she becomes a thief .Now to get him or her out of that organisation after testing the illgotten riches its very difficult .Look at it from the government and to organisations it is the same story I think the best thing is to have time limet in anything and the courts should have nothing to do with it.

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