A TOP Dynamos official is suspected of having clandestinely invested $2 billion of the club’s funds on the money market in the latest scandal t
o rock the Harare side.
The underhand deal suffered a stillbirth after one of the club’s board members discovered the “investment” when it had just matured.
There are strong suspicions that the implicated official would have pocketed the profit from the deal together with influential members outside the official set-up.
However, the suspected official has been let off the hook with a warning.
Dynamos chairman George Shaya yesterday jumped to the defence of the official, claiming the deal had been done for the benefit of the club.
“We did it as an executive after realising that we cannot just have money and not do something with it,” Shaya told IndependentSport. “We took all the monies back to the club.”
The deal almost led to the resignation of club secretary Keith Guzah who, together with the Dynamos Board of Trustees, was not aware of the investment.
Another boardroom crisis is also simmering over the involvement of former coach Sunday Chidzambwa in the club’s day-to-day affairs.
Chidzambwa now attends board meetings and, according to documents seen by this paper, he has been operating as a full director. This has been happening without the sanction of other board members and the club’s electoral college.
Chidzambwa is the team’s technical director, but he does not conduct training sessions or sit on the team bench and rarely attends matches. Dynamos sources say the former national team coach signs players on behalf of the club.
Meanwhile Dynamos yesterday thumped Highlanders 3-0 to lift the Africa Day Cup, which popped back on the local calendar after a 10-year absence.
Both sides fielded understrength sides in the hastily arranged match for which they were controversially handpicked.
Highlanders, enjoying an unbeaten run in the league since the start of the season, succumbed to a late onslaught engineered by substitute Murape Murape who broke the deadlock.
Tomorrow: Motor Action v Hwange (Callies), Buymore v Shabanie Mine (Gwanzura), Black Rhinos v Shooting Stars (Rufaro), Monomotapa v Hwange (NSS).
Sunday: Zimbabwe Saints v Mwana Africa (Barbourfields), Dynamos v Chapungu (Rufaro), Caps United v Railstars (NSS), Masvingo United v Lancashire Steel (Mucheke).