Saturday, 8 February 2014

Tsunami corruption stories have crashed Mugabe proving there is corruption in Zimb and it is the cause of the economic melt-down!


The stories of rampant corruption and looting in Zimbabwe have been crashing in like tsunami waves proving beyond doubt that there is rampant corruption and looting and rendering Mugabe’s past denials as nothing but lies. But more significantly, the extend of the corruption and looting have proven beyond doubt that it was them and not the sanctions that have caused the economic melt-down!

Dennis Magaya was being paid US $ 44 000.00 a month as a consultant by ZESA – parastatal that has a mountain of unpaid debts and is known for its load shedding and exorbitant electricity bills even if the customer was off the bill will still be exorbitant.

Harare City Council officials could have pocketed more than US$100 million through inflating prices of equipment for the US$144,4 million loan agreement obtained from China whose contract to refurbish water and sewage treatment plants was awarded to a Chinese company. Harare Town Clerk Tendai Mahachi was in on the act. Yes the same Tendai Mahachi who was paid US $ 37 000 a month!

Minister Chombo stepped in to reinstate Mahachi after the Mayor sacked the Town Clerk for refusing to reveal his salaries and perks and those of the other senior managers. Meanwhile ordinary lowly paid council workers were not being paid and basic services to rates payers were not being delivered, supposedly, because there was no money.

Mugabe is fighting a legal battle to recover a Hong Kong US$ 5 million mansion from a Chinese businessman who is trying to swindle it from him. The mansion was bought in 2008 for his daughter, Bona, although at the time he lied claiming he was renting the property. Yes it is the same dodgy businessman who swindled Grace Mugabe out of US$ 1 million after delivering old lorries instead of new one agreed in the contract.

Cuthbert Dube, the CEO of Premier Service Medical Aid Society was being paid $500,000 a month and Mugabe’s feisty spin-doctor George Charamba was getting $100 000.00 a year as board member fees for the Society whilst the ordinary members who paid the subscriptions where being refused any medical treatment because PSMAS was not paying the bill of the service providers, because the society had no money.

ZBC boss Happison Muchechetere, who looted over $40,000 per month while ordinary staff went without wages for the last 7 months.

Many senior Zanu PF members were involved in a scheme to help farm owners buy plant and equipment. They got the money but never bothered to pay it back contributing to the Reserve Bank of Zimbabwe’s US$ 1 billion debt!

Of course it is all this rampant corruption and looting over the last three decades that has caused Zimbabwe’s economic melt-down. Mugabe has gone to great length to deny there was corruption and looting and the odd occasion he has admitted there was any such thing it was only to down play the problem. He has dismissed any claims the country’s economic woes could be caused by corruption and looting.

As far as Mugabe was concerned it was “the illegal sanctions imposed by the West to push their regime change agenda” that was the alpha and omega of the country’s economic problems.

With all these stories of massive corruption and looting by himself and all those around him; Mugabe knows the cat is out of the bag. There can be no denying there is corruption and looting and thus denying of the economic melt-down – the logical economic consequences of the rot!

In a health democracy the government of the day will be forced to resign following the revelation of just one such damaging story. Zimbabwe is not a democracy; that much is clear. Still, not even a tyrannical dictatorship can survive the onslaught of these tsunami stories crashing in one after another. The dictatorship can service the political fallout but not the economic fallout too!
Like it or not Mugabe and Zanu PF are finished! The most important thing now is to ensure the nation manages the collapse so that the tyrant and his cronies do not drag the whole nation into the abyss with them!

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