MDC wants judicial inquiry into executives' perks

HARARE - Tendai Biti, the MDC secretary-general, has called for a commission of inquiry to look into parastatal executives’ obscene salaries.

“We have seen explicit corruption whereby people inflated their salaries in public institutions such as Zimbabwe Broadcasting Corporation (ZBC), Premier Service Medical Aid Society (Psmas) and Air Zimbabwe,” Biti told journalists yesterday at the party’s headquarters in Harare.

“We believe this is the tip of the iceberg. The whole system is rotten to the core.

“As the MDC, we are calling for the establishment of a commission of inquiry led by a retired judge.

“The commission will allow the public, service deliverers and clients to give evidence. This will
expose all the rot in the system.

“On top of the judicial inquiry, we demand a forensic audit by professional auditors on all parastatals.”

The media in recent weeks revealed that former Psmas chief executive Cuthbert Dube pocketed a whopping salary of close to half a million.

Suspended ZBC boss Happison Muchechetere’s $40 000  monthly salary at a time workers had gone for months without pay has also been exposed by the media.

Biti said the Public Finance Management Act needs to be amended so that it also monitors ministries’ recurrent budget and capital budgets.

Currently, the Act only supervises ministries, capital budgets and Biti believes the rot is in recurrent expenditure.

The former Finance minister said Zimbabwe urgently needs a $4 billion stimulus package to get the economy ticking.

“That stimulus package will attend to the issues of infrastructure requirements that are bedevilling this country”, he said.

“A billion dollars has to be put towards energy and some amount has to be put towards the productive sector in particular the industry sector and most importantly, as part of that stimulus package there has to be amounts of meaningful money that have to be pulled towards the lender of last

resort at the central bank.

“The economy is facing a liquidity crisis, there is simply no money.”

He said broad money supply had contracted in the economy, so to induce the economy to move out of the slump, there has to be restoration of the lender of the last resort facility at the central bank.

“We do not believe that the solutions offered in the 2014 national budget will succeed,” he said.

The MDC secretary-general said $75 million of the $100 million set aside for small and medium enterprises in the 2014 budget should be channelled to the Distressed Industries and Marginalised Areas Fund (Dimaf) and Zimbabwe Economic Trade Revival Facility (Zetref).

Dimaf is a facility created to help struggling firms retool and purchase raw materials to boost production as well as provide working capital to cover operating costs.

The country needs to engage with the international community so as to unlock foreign direct investment, Biti said.

He further alleged that the Zanu PF government was clueless and should throw in the towel.

“We have a government but we don’t have a government,” Biti said.

“Zanu PF is clueless, idea-free. Government buildings are idea-free. The government is paralysed and indifferent. The clueless government has abandoned its constitutional mandate and it has to throw in the towel.”

Comments (6)

Good idea a little too late eh Mr. Former Minister? But are you not kicking yourself really HARD as the former Minister of Finance knowing that all this happened while you wasted time counting beans at the Ministry instead of doing the real work you were supposed to do. The fact that you are surprised tells us about what a LOUD FAILURE you have been during your tenure as Finance Minister hence custodian of government funds? Is this not pathetic in any language you choose to describe it? I am in agreement that we need a forensic audit of the goings on in parastatals but a JUDICIAL INQUIRY is a waste given what has happened with past commissions. Cant a parliamentary committee on public accounts not do this together with these independent forensic auditors?

gutter poet - 5 February 2014

Van Biti mava kutaura mava outside government. Ko pamanga muri panyanga maiitei? I once asked Mangoma to give us the salaries of top management at ZESA but so far he has not responded. I do not agree with a judiciary inquiry because is takes too much time. Government must set a limit on the maximum salary, in my view on CTC basis, of all heads of parastatals. A figure like $15000 per month being the maximum is acceptable. I also agree that a forensic audit should be done at all the parastatals asap.

Mutiro - 5 February 2014

MDC is just whistling in the wind.All these CEO in question have strong political links .Who appoint the boards?If appointed would you forget where your bread is buttered ? Vane chavakatsika maCEO iwaya.Nothing will happen to them

chimuti - 5 February 2014

If the MDC were really serious they would, in conjuction with labour and residents associations, be organising demonstrations against these obserne salaries. They could even invite Zanu PF and see how they react to this corruption. Speeches and nothing practical will not slove anuthing.

Mbongeni Sakhe - 5 February 2014

Commission of Inquiry to loot again. It is quite clear what has been happening and what's required is action to stop the rot. Gideon Moyo was Minister responsible for state enterprises & for close to 5 years never established all what exactly was he doing? May be he also benefitted thus saw no reason to fix the problem. Everyone had a chance to address all these ills, but nothing was done. None of you politicians is ever there to look at people's interest, but THEIR own

Absalom Lusuwi - 5 February 2014

vanhu vemuzimbwabwe mese murimarabishi you must all get arrested how can someone gets a million $ per month when you claim to be under sanctions . MR Commander in chief lets have Salary controls.Your economy no one must get salary above $8000 in zimbabwe whether CEO or or any minister.look your civil servents including your educated perm secretary they get $500 less than$1000 thus reasoble amount for that economy. Mr comander in chief musanyegerere munhu wether its e palastatal or municipality dzingai imbwa dzese masalaries ngaaenderane ne economy yenyika yedu. vanhu varikutambura .vanoda mari idzodzo ngavaende ku America vandopiwe mari idzodzo. Munyika yamai Gushungo apa tinoda Kuona simba renyu chairo chairo nekuti apa paita vasveta simba

dofo - 6 February 2014

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