ZESA Holdings Chief Executive Officer, Joshua Chifamba, ZETDC Managing Director Julia Chinembiri and Financial Director Thokozani Dliwayo have been dragged to the court for criminal abuse of office as defined in section 174 of criminal law codification and reform act.
Circumstances are that in March 2012, Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and ZESA enterprises (Pvt) Ltd entered into a 2 year business transaction with PME power Solutions, a company based in India.
The value of the project was $35 million and there was no provision in the agreement for the dates of the equipment.
The court heard that on the 18th of August 2012 that the trio connived and facilitated the transfer of an advanced payment from Afrixim bank into PME China trust Commercial bank in New Delhi.
Chief Magistrate Mishrod Guvamombe granted the trio $3 000 bail to be deposited to the clerk of court.
Among the bail conditions the three were ordered not to interfere with 13 state witnesses, named in the court who are also employees at their workplaces.
They were also ordered to reside at their given addresses, surrender travelling documents and surrender title deeds each worth $250 000 as surety.
The three are expected to be back in court on 19 October 2018 for routine remand.
Michael Reza appeared with them.
The accused are being represented by advocate Thabani Mpofu.
