Zanu PF brings in external auditors

Clemence Manyukwe



A FRESH probe into Zanu PF’s crumbling business empire —widely seen as an attempt to scuttle Emmerson Mnangagwa’s bid to succeed Pres

ident Robert Mugabe — has taken a new twist following the engagement of external auditors.


An audit report prepared by Kudenga & Co chartered accountants has since been submitted to the party’s politburo, it emerged this week.


The party’s politburo has in the past set up two different committees chaired by Zanu PF’s secretary for finance David Karimanzira.


Their mission was interpreted as a bid to incriminate Mnangagwa and thus take him out of Zanu PF’s succession race.


Once touted as Mugabe’s heir apparent, Mnangagwa presided over the ruling party’s investments before he was replaced by Karimanzira.


Zanu PF spokesperson Nathan Shamuyarira confirmed that there was an audit but said “the report has not been presented yet either to the central committee or the politburo”. He referred further questions to Karimanzira.


Prodded to comment on allegations that the probe was meant to scuttle Mnangagwa’s presidential ambitions, Shamuyarira said: “I have no comment on that.”


Karimanzira refused to comment, only saying the audit was a private issue that could not be discussed in public.


Ngoni Kudenga, a senior partner at Kudenga & Co chartered accountants, said his organisation was bound by ethics not to divulge confidential client information.


“We do not give out information on our clients otherwise we would be sued and forced to close. What you are doing is like asking a doctor to divulge someone’s HIV status,” said Kudenga.


The first probe team into Zanu PF’s financial empire unearthed a number of irregularities in the running of the party’s companies. Among the companies that were said to have virtually collapsed were M&S Syndicate, Zidco Holdings and Zidlee Enterprises.