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*US$250m Dema Power Plant Deal Was Illegally Awarded To Sakunda Holdings - ZESA Admits* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ox According to investigative journalists The NewsHawks, ZESA reportedly admitted that they illegally awarded the Dema Power Plant project to Sakunda Holdings which is allegedly owned by businessman Kuda Tagwirei. This matter reportedly came to light in parliament where ZESA officials said the power utility company violated public procurement laws to award the tender to ZESA. Said the NewsHawks in a Tweet ZESA Chair Sydney Gata said ministerial directions pose a problem when it comes to corporate governance: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > Zesa officials admit to Parliament that the US$250m Dema Power Plant deal was illegally awarded to Sakunda Holdings in violation of public procurement law. The unlawful directive to award the deal came from the Office of the President. > Zesa Holdings executive chairperson Sydney Gata tells Parliament that “ministerial directives” are problematic when they are in violation of corporate governance best practice. Sadly,as a result,lower-level managers end up being fired for executing such ill-considered directives. It is still not clear what will happen to ZESA management for such a gross violation of public laws. ZESA also controversially awarded the Gwanda solar projects to Intratek which is owned by businessman Wicknell Chivhayo and the project is yet to commence 5 years later. Source: The NewsHawks itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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