Probe Nieebgate

HARARE - Following the Daily News’ exposure of the Nieebgate Scandal in which government was fleeced in suspicious indigenisation deals, we call on the government to immediately institute a probe into this shameful act of deceit and looting.

Investigations by the Daily News on Sunday have revealed that during the programme, values of companies were grossly understated, a local company, Brainworks Capital is set to get over $100 million for acting as financial advisors to the controversial deals, tender procedures were not followed and that the majority are not even benefitting.

And what will further infuriate the nation is that in case of disputes, only English courts will preside over the cases.

What’s wrong with our own judiciary? Why can’t Zimbabwean courts preside over any disputes that may arise from these messy deals? This issue is not only shameful but it stinks.

The country’s resources and the nation’s future are clearly being robbed in broad daylight.

What is even more shocking is that the deals to indigenise Zimplats for example were being done secretly.

Is there anything to hide in these deals?

Relevant government departments who are normally consulted when such mega deals are signed were not involved.

The Reserve Bank of Zimbabwe (RBZ) was not consulted, the ministry of Mines was ignored and we are not sure if the Attorney General and Cabinet were aware of what was going on.

The question is why were these important arms of government not consulted for their different expert views?

Zimbabwe’s political leadership must spring into action as soon as possible to stop this rot as we cannot afford to have our future stolen by a few get-rich-quick individuals.

Our mines and resources are going for a song, government will not benefit anything and we call upon President Robert Mugabe, Prime Minister Morgan Tsvangirai and the whole government to immediately intervene and stop this madness.

All we are doing as a responsible newspaper organisation, is to preserve the country from looters otherwise we will have no future.

There is every chance that this programme can be implemented properly for the benefit of all Zimbabweans as opposed to the current situation where a few individuals are fattening their pockets in the name of indigenisation.

The anti-corruption commission and the police must also move in and probe this scam. Those responsible for this mess must be made to account and explain publicly all the anomalies unearthed by this paper.

And as the Daily News and the Daily News on Sunday, we will continue to bring to the public, all the facts about the unfolding scandal in line with our motto: Telling it like it is without fear, without favour. - Staff Writer

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.