‘Harare stashing ZWL$2,6b Zinara funds’

HARARE City Council (HCC) officials are allegedly sitting on ZWL$2,6 billion dollars dispatched last year by the Zimbabwe National Road Authority (Zinara) for road works, amid concerns of high levels of corruption in the local authority.

This emerged when a local company, Furbank Trading, which was contracted to supply traffic lights, wrote on March 19 to the director of works seeking a variation of the contract over non-payment of goods supplied on January 12.

“We were awarded the above quoted purchase order number, the value was ZW$1 346 926 000 … from January 12 to date we have sought two justifiable variations necessitated by the loss of value of the local currency, the latest variation was totally avoidable as we supplied the traffic signal heads, but you have not processed payment,” the letter reads in part.

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