Zimbabwe: Chivayo Back in Court Monday After Weekend in Jail

Intratrek Zimbabwe Private Limited Director Wicknell Chivayo.

Harare tenderpreneur Wicknell Chivayo is due back in court Monday after spending the weekend in remand prison over fraud allegations.

Chivayo was arrested on Thursday and appeared on court Friday and Saturday for bail hearing.

Provincial magistrate Elisha Singano deferred the bail hearing to Monday saying he needed time to consider submissions by the State and defence attorneys.

In addition to fraud, Chivayo is also accused of contravening sections of the Money Laundering and Proceeds of Crime Act and the Exchange Control Act.

Prosecutors say his company, Intratek Zimbabwe, fraudulently awarded the $200m Gwanda solar power project by the Zimbabwe Power Company.

The award reportedly followed a directive by then energy minister Samuel Undenge.

Court heard that Chivayo was received $5.6 million for the projected and allegedly converted the funds to personal use with nothing recovered.

The State has opposed bail on the basis that Chivayo is a flight risk.

His trial is scheduled for the 27th to the 29 of this month.

See What Everyone is Watching

More From: New Zimbabwe

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.