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Farirai Machivenyika Senior Reporter
THE Zimbabwe National Road Administration (Zinara) yesterday told Parliament’s Public Accounts Committee that it was implementing recommendations made by the committee and the forensic audit report by Grant Thornton Chartered Accountants to improve transparency following revelations of abuse of funds.
The Zinara board and management appeared before the committee where they outlined the measures they have already instituted to address issues raised in the reports and what they were doing to finish off this work.
The forensic report showed that there was rampant abuse of funds running into millions of dollars under the previous management led by Mr Frank Chitukutuku, with the parastatal operating without laid down procedures and general lack of sound corporate governance tenets.
Mr Chitukutuku has since had his properties valued at over US$20 million frozen by the courts on allegations that he acquired them corruptly and a application is now before the courts to have these assets forfeited.
Zinara chairperson Dr George Manyaya said Zinara had approximately 90 percent of the recommendations on board with some issues of a criminal nature having being referred to the Zimbabwe Anti-Corruption Commission.
“Zinara has developed various policies, manuals and operating procedures while ZACC is investigating the criminal issues identified in the forensic report with seven cases now before the courts,” Dr Manyaya said.
He said Zinara had developed operating policies and manuals for human resources management, procurement, finance and risk control among others.
In addition, travel and subsistence allowances for board members being paid outside the terms of reference and approved regulations had been scrapped.
Online Reporter