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ED Could Force NSSA To Reverse House Deal For Minister Mavima

2 years agoMon, 06 Mar 2023 05:47:44 GMT
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ED Could Force NSSA To Reverse House Deal For Minister Mavima

President Emmerson Mnangagwa could force the National Social Security Authority (NSSA) to reverse a US$400 000 house purchase deal in Quinnington, Borrowdale, Harare, involving Public Service minister Paul Mavima.

NSSA acting general manager, Charles Shava, was summoned to Mnangagwa and Vice President Chiwenga’s offices last week Monday to explain what was happening.

Shava was asked to write a report on the purchase of the house which NSSA eventually sold to Mavima. That was before he was arrested later in the week — on Thursday — on allegations of fraud. 

The NewsHawks was told by anonymous sources in the Office of the President and Cabinet that Shava could be forced to reverse the deal. The source was quoted as saying:

The issue is now being handled by Chief Secretary in the Office of the President and Cabinet, Misheck Sibanda. There is mounting pressure for urgent action to be taken. Shava might be brought to book or forced to reverse the deal, which is likely.

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These events were before Shava was arrested on allegations of fraud involving US$12.2 million. His arrest for allegedly giving doctors allowances without board approval was seen as a fightback by the minister.

Shava was picked up by the Zimbabwe Anti-Corruption Commission a day before a disciplinary hearing for NSSA director Brian Mrewa.

Mrewa, NSSA’s suspended director for investments and properties, helped Mavima in his Borrowdale house deal. He was the one who facilitated everything on that.

Through his legal advisers, Shava has described the allegations as baseless and unfounded. However, his accusers say he has to clear his name before the courts if he is innocent as he pleads.

The Borrowdale House saga:

i). It is alleged that NSSA bought Borrowdale house secretly on behalf of Mavima.

ii). Due process and board approvals to buy the Quinnington house, Stand No. 218 Lot A1, were not followed.

iii). The property was valued at US$350 000, but US$400 000 was paid by NSSA, creating room for US$50 000 to go into private pockets. The transaction was executed on 3 October 2022.

iv). The house was not transferred to NSSA books before it was sold to Mavima.

v). The house was registered under a special purpose vehicle, Angvo Investments (Pvt) Ltd and the deeds were under CABS custodial services, not CBZ Custodial Services who are the custodians of NSSA assets bought through asset management firms.

vi). Minister Mavima allegedly initiated the deal as he identified the property which belonged to one Seremane and asked NSSA to buy and keep it for him while he awaited the disbursement of his US$500 000 housing allowance given to each cabinet minister by the government.

vii). The issue came to light when Shava directed NSSA deputy director (audit) Andrew Nyakonda on 16 February to conduct an investigation into the disposal of the Borrowdale house and the purchase of Kariba Lodge, Stand No. 989 Kariba Township, for US$244 000.

Kariba commercial property:

a). The commercial property was bought for US$215 000 after negotiations, but US$244 000 was paid. 

b). When other costs were added, the price went up to US$252 631.59.

c). Since NSSA usually pays round figures, US$300 000 was paid. The balance was purportedly directed to its investment account held at the asset management firm which facilitated the deal.

When the deals were reported in the media, Mrewa skipped the border into South Africa.

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30 Comments

... · 2 years ago
@Miss Jessica the original munozvionawo sei nhai Miss
... · 2 years ago
lbotso
big league · 2 years ago
nyika inobirwa nembavha dzayo as someone once said
iamshumba · 2 years ago
register to vote. all those monies vanishing hadzo. apa hanzi nyika yovakwa nevene vayo. ndiyo building yacho here
Anonymous · 2 years ago
As the initiator of this deal what's going to happen to Prof Paul Mavima?
miss Jessica · 2 years ago
vanhu vasingagute kusvika riinhi vachingoba nyaraiwo varume makuzvinyanya
Miss Jessica · 2 years ago
what these people are doing is not fair at all corruption at its highest level and no one is being brought to book for his evil doings voting for zanu is wasting your votes
Only One · 2 years ago
Vanotora zvevapfupi nekureba sekutamba sekuseka ibotso
Maparamuro · 2 years ago
Masoja muripi. President is again surrounded by criminals. SB Moyo chipoko chako ngachimuke, mbavha dziye dzadzoka kakapetwa ka 1000
Miss Jessica · 2 years ago
Don't have comments here, i can't bite the hand that feed me. We are trolls remember
Miss Jessica · 2 years ago
FAKE miss Jessica
Musoro bhangu · 2 years ago
Winky D sings moti akanganisa Ibotso paZim
I inini · 2 years ago
Chelsea yakatamba sei
Fari · 2 years ago
Ko Mavima paakazopihwa 500 000 yake housing loan,, did he pay back the 400 000 yeNSSA. Kana akaibhadhara mari iyoyo, nyaya iri papi🤔
@Fari · 2 years ago
You are a fool bro, if it was a loan he was supposed to pay interest like every other jack and Jill who borrows from NSSA. He was to pay interest on tht 400000 for 4 months at prevailing interest rates
Yere · 2 years ago
Mavhima should have used the right channels and paid interest if he wanted a 400000 loan. But because he is corrupt he dodged paying interest and used the back door. ****s like Fari will not understand
gabon_viper · 2 years ago
ko iye mavhima wacho ngaasungwe
Former man u fan · 2 years ago
The first person to slap Mugabe in the face
Chaminuka · 2 years ago
People please register to vote , Register to vote handiti murikungo zvionera zvazviri
mavimah · 2 years ago
catch n release
Ras · 2 years ago
Unmitigated primitive accumulation of wealth at the expense of the poor and unbridled corruption is the root cause of underdevelopment of our once motherland.
nssa · 2 years ago
national social security for zanupfuu looters while everyone else has to suffer
Doug · 2 years ago
The ZACC, ZRP, NPA and the Courts should exhaust the issue so that the general population, and pensioners in particular, know how schemes that create poverty on them are carried out.
visit · 2 years ago
we all know the truth that zanu is looting, prisila mfumira, Henrietta rushwaya, Obadiah moyo, mayor wadyajena,15billion was looted n nothing happened to anyone only wiwa was arrested n roting in prison so we know ZANU
Anonymous · 2 years ago
Lets act against corruption abd against bad corporate government
Zupco 👨‍✈️👨‍✈️🚎🚎 · 2 years ago
yooooh, nhai Nehanda nyakasikana
Zupco 👨‍✈️👨‍✈️🚎🚎 · 2 years ago
Yoooooow, nhai ED chii nhai

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