adminDevelopment permanent secretary Mr Partson Mbiri on last week said Zinara had collected US$57 million in toll fees since August 2009.
He said Zinara was yet to account for US$12million of the money.
But Zinara yesterday said it only collected US$45 million, which it disbursed to the Department of Roads.
Zinara spokesperson Mr Augustine Moyo said only US$482 699 was yet to be remitted to the Department of Roads.
“From August 18, 2009 when tolls were started to April 30, 2012, the figure we have, of total amount banked into our account is US$45 302 412,” he said.
“All that money was disbursed to the Department of Roads, leaving a difference of US$482 699.
“Maybe the ministry missed some of the figures, but these figures we have given you are the factual figures as reflected by our bank statement.”
A recent draft audit report by the Comptroller and Audit General, indicated that Zinara’s expenditure was eight percent contrary to the 2,5 percent that the law allows it to spend on administration.
The law requires Zinara to spend at least 97,5 percent of what it collects from toll fees, vehicle licence fees, fuel levies, axle overload fees, abnormal load fees and transit coupon fees on maintaining and extending Zimbabwe’s road system.
Mr Moyo said it was not feasible for Zinara to operate below the statutory threshold.
He said they were in the process of making representations to the Minister of Transport, Communications and Infrastructural Development, Cde Nicholas Goche to revise the threshold.
“We are arguably, the only parastatal in this country with a cap of 2,5 percent as gazetted in terms of Section 15 (d) of the Roads Act Chapter (13:18) for administrative expenditure, while other parastatals have up to 30 percent and more,” said Mr Moyo.
Online Reporter