Thursday , June 1 2023

ZPC denies the role of Chivayo's arrest


The Herald

Herald Reporter
Zimbabwe's Zimbabwean power company denied any role in the arrest and prosecution of Harare businessman and General Manager of Intratrek Zimbabwe, Wicknell Chivayo, in connection with allegations of fraud, corruption and money laundering solar project of ZPC Gwanda.

Chivayo is being prosecuted for charges of corruption and fraud in the magistrates' court about how he handled the 100 megawatt solar project, led by ZPC, after receiving a $ 5 million advance payment for a ZPC project without a bank guarantee.

In his statement to respond to a case, Intratrek claims ZPC's violation of the contract at the High Court on 14 November 2018, ZPC rejected Intratrek's claim that he frustrated the contract by causing delays in implementing the Gwanda solar project.

Moreover, the utility of the state does not deny that it plays a role in provoking the arrest of Chivayo.

The litigation between ZPC and Intratrek was set for a hearing by the High Court on the opposite version on November 26, 2018.

Although ZPC was alleged to have been corrupted or damaged in the Gwanda solar project, which led to Chivayo's arrest and prosecution, the electric utility denied any hand to provoke the arrest of the controversial businessman.

"It is important to note that the allegations that the defendant caused the arrest of Chivayo's Chief Executive Officer are obviously false and should be ignored by this honorable court. As pointed out in the defendant's statement of opposition, at no point do the deeds have were directed against the applicant's general manager.

"Despite having been challenged to provide evidence that the accusations have been filed by the defendant, the applicant did not present such evidence", he submitted to the High Court of Justice.

When Chivayo's pursuit began after his arrest at Robert Gabriel Mugabe International Airport in August, following charges of fraud, money laundering, and the violation of the Traffic Control Act, the applicant was represented by ZPC by Thandiwe Mlobane Council member.

ZPC threatened to cancel in October 2016 the 173 million USD purchase and construction contract signed between the parties to build the solar plant in Gwanda, based on breach of contract by Intratrek of Chivayo.

The State Electricity Company has awarded and auctioned the Gwanda solar project to Chivayo in 2016, which has since been approved by the State Procurement Council, now Zimbabwe's procurement regulator.

The Electricity Company claimed that Intratrek had failed to fulfill its obligations (the previous condition) as stipulated in the contract, namely the completion of certain works within the agreed deadlines.

However, Intratrek denies the allegations and instead accuses ZPC of causing delays in implementing the project by failing to obtain an Environmental Impact Assessment Certificate and fraud allegations allegedly instituted against Chivayo in December 2017 and who claims that fraud and corruption in the execution of Gwanda's solar plant project.

Intratrek argues that ZPC's behavior appears to have blocked progress in the implementation of the Gwanda solar project.

Intratrek Zimbabwe has entered into a partnership with a $ 33 billion investment company, and CHINT Electric Co. was founded in the Shanghai Stock Exchange to take over the solar solar multimillionaire project.

The judgment of the High Court also resolves disputes over outstanding payments for Intratrek's work, which the company created because of subsequent work under the previous conditions that would have extinguished exposure to the ZPC, refused to honor them.

However, ZPC insisted that Intratrek would not have the right to claim payments, as the electricity supplier had to make direct subcontractors to speed up the project, saying the value of the remarkable works is still $ 1.8 million, he said. July this year.

The electricity company has acknowledged that the value obtained from the work it performed has involved a geotechnical survey, topography survey, fences and ground clearance, and the feasibility ratio was $ 2 012 million. It left the property exposure in July at 1.8 million dollars.

Meanwhile, Intratrek submitted to the Court of Justice that, since then, in July 2018, he then carried out other works that completely extinguished ZPC's exposure of $ 5 million to a point that he was now entitled to a subsequent payment, contracting.

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