Mashingaidze faces arrest for fraud

14 Oct, 2018 - 00:10 0 Views
Mashingaidze faces arrest for fraud

The Sunday Mail

Investigations Editor
THE Zimbabwe Anti-Corruption Commission has opened investigations into how former Zimbabwe Football Association CEO Jonathan Mashingaidze may have fraudulently siphoned $700 000 from the soccer governing body.

The probe was instituted after Zifa CEO Joseph Mamutse wrote to the anti-graft commission’s chair Dr Job Wabhira on September 27, 2018 raising criminal allegations against Mashingaidze.

Mashingaidze was Zifa boss between April 2011 and April 2016. Mamutse said a Sports and Recreation Commission committee of enquiry led by Commissioner Obadiah Moyoalleged unearthed the alleged fraud.

Mashingaidze allegedly also failed to explain how Zifa’s debt ballooned from $600 000 to $6 million on his watch. The report reads, “The Obadiah T Moyo Report established that Mr Mashingaidze, as the chief accounting officer responsible for Zifa’s finances and financial systems, could not account/explain missing funds in excess of US$700 000. The report recommended that Mr Mashingaidze be relieved of his duties as he had totally failed to manage finances at Zifa in light of his supervisory responsibility over Zifa finances and financial systems.

“To date those funds remain unaccounted for and no criminal/civil action has been taken by the SRC against Mr Mashingaidze for this anomaly.

“Zifa continues to be prejudiced of funds that can significantly alleviate it from its current financial woes whilst Mr Mashingaidze and those complicit stand unduly enriched from potentially embezzled funds.”

 

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