Chivayo laments impact of ZESA fraud charge

Wicknell Chivayo, a controversial businessman and socialite, has testified before the High Court that it is now impossible for him to secure lucrative contracts as a result of his detention on charges of defrauding the Zimbabwe Power Company (ZPC).

He was giving testimony in a lawsuit where he is suing ZPC for US$22 million for libel and for breaking the contract for the solar project, which he claims was still in effect.

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Chivayo claimed that the ZPC affair has significantly hurt business for his company, Intratrek Zimbabwe, both domestically and internationally.

According to Chivayo, he has lost favor with potential customers.

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I can no longer do any projects due to the bad publicity l have received due to the ZPC deal,” he said.

“I have lost potential business in Kenya and Tanzania. l had gone there to do business and l was told l was the person who took money from ZPC and ran away.”

Chivhayo

He also stated that ZPC owed Intratrek a sizable sum of money as a result of a contract they signed seven years earlier.

Prior to being sued, ZPC accused Chivayo of stealing funds intended for the Gwanda solar project, which he allegedly failed to carry out.

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However, Chivayo disputes the accusations.

It makes no sense that I failed to fulfill the commitments made because we visited the place together and they returned with a report.

Chivhayo said that “they have been spiteful and spreading lies.”

The once-flamboyant tycoon stated that if given the opportunity, he would like to finish the project for the good of the nation.

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Source NewZimbabwe

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