Breaking News

Zimbabwe Cricket under probe

by Staff reporter
09 May 2018 | 356 Views
THE Government has tasked the Sports Commission to carry out an audit of the finances and general corporate governance of Zimbabwe Cricket in the wake of ballooning debts and the outcry that followed the nation's failure to qualify for next year's ICC World Cup.

Youth, Sport, Arts and Recreation Minister, Raymond Kazembe, yesterday said apart from the concerns over the poor performance and the ugly brawls that followed the Chevrons' World Cup debacle, the Government was also concerned about the huge debt being carried by ZC.

Kazembe said the Ministry has engaged ZC and other cricket stakeholders and, after accusations and counter-accusations from all the parties, the Government resolved to institute an inquiry.

"As a Ministry we are concerned obviously with regards to our performance as the Zimbabwe national cricket team," said Kazembe.

"There are a number of other issues that have also been raised and the moment there is an outcry from the nation, we become interested as the Government to try and get to the bottom of the issues affecting the game with a view of finding lasting solutions.

"So we asked the Sports Commission to get to the bottom of the issues that have been raised, issues to do with the performance, the firing of the technical team and other related issues like the debt that everyone is talking about, the $19 million debt.

"We would want to find out how that debt came about and why ZC finds itself in this situation obviously with a view to finding lasting solutions.

"We are perturbed as the Government and we have tasked the Sports Commission to institute a commission of inquiry and also to ensure that there is a forensic audit carried out in the interest of the nation," said Kazembe.




The ICC have already instituted a forensic audit into the ZC debt and came up with a number of resolutions.

Kazembe also wrote to Sports Commission chairman Edward Siwela.

"The Ministry is in receipt of your brief and update on issues related to Zimbabwe Cricket and also notes your noble intention of conducting an inquiry on performance-related matters emanating from the International Cricket Council World Cup Qualifier.

"Further to the issues highlighted in your communication, the Ministry also notes that Zimbabwe Cricket is in arrears amounting to US$19 million to various creditors which the Ministry is currently negotiating to be warehoused by the Zimbabwe Asset Management Company.

"The Ministry is also aware that Zimbabwe Cricket is currently receiving an annual grant amounting to US$9 million from the International Cricket Council for development purposes.

"In light of the above, it is pertinent in the interest of the nation to ascertain the causalities of debt in Zimbabwe Cricket as well as the financial management models deployed by the organisation.

"Notwithstanding your initiative and guided by the need to instil accountability, transparency, honesty and integrity in the administration of the sport in the country, it is my resolve that the SRC Board instigates an urgent financial audit of the finances and general corporate governance of Zimbabwe Cricket."

ZC Cricket Probe

Source: chronicle

Comments



Latest News

Making things simple

by ZimVigil | 19 May 2019 | 441 Views

Misheck Velaphi Ncube Obituary: Connecting the Dots - Misheck Velaphi ...

by Iphithule Maphosa | 19 May 2019 | 305 Views

'Mnangagwa must convene inclusive national dialogue' - reward for rigg...

by Nomusa Garikai | 19 May 2019 | 387 Views

Embarrassing Zanu-PF Bulawayo election results nullified - Cephas Ncub...

by Methusi Ncube | 19 May 2019 | 1524 Views

Joshua Nkomo Scholarship 2019 successful candidates - full list

by Staff reporter | 19 May 2019 | 1413 Views

Zimbabwe warns visitors of fake visa websites

by Staff reporter | 19 May 2019 | 401 Views

Khupe goes after Chamisa's 'assets'

by Staff reporter | 19 May 2019 | 2766 Views

WATCH: Donkey cart driver demonstrates pro parking skills - No mirrors...

by Staff reporter | 19 May 2019 | 835 Views

Chihuri faces deportation from Malawi

by Staff reporter | 19 May 2019 | 2269 Views

Fake Canadian immigration scams targeting Zimbabweans

by Staff reporter | 19 May 2019 | 1448 Views

WATCH: Chamisa addresses Chiredzi residents

by Mandla Ndlovu | 19 May 2019 | 5957 Views

'It is my singular honour to launch Political Dialogue' - yes, and nat...

by Patrick Guramatunhu | 19 May 2019 | 1610 Views

Villager slapped to death - A BUHERA man died on the spot after being ...

by Staff reporter | 19 May 2019 | 2632 Views

'Hands off flea markets' ZANU PF Youth leader warns

by Pupurai Togarepi | 19 May 2019 | 3585 Views

'Americans sponsor violence in Zimbabwe'

by Mandla Ndlovu | 19 May 2019 | 5232 Views

Cocospy Review: Best mobile Spy App for parents and employers

by Staff Writer | 19 May 2019 | 1207 Views

Entertainment

Nigerian to play Mugabe role in forthcoming movie

by Staff reporter | 18 May 2019 | 1914 Views

Malunga quits sex

by Staff reporter | 15 May 2019 | 6931 Views

I didn't ride on Tuku's fame, says Selmor

by Staff reporter | 14 May 2019 | 2104 Views

Tsholotsho girl shines in SA - DYNAMITE comes in small packages is the...

by Staff reporter | 13 May 2019 | 2377 Views

Jah Prayzah ditches anything associated with Mnangagwa's army

by Staff reporter | 12 May 2019 | 4218 Views

The rising popularity of Maskandi artists in Bulawayo

by Staff reporter | 12 May 2019 | 1955 Views

WATCH: Oliver Mtukudzi's widow singing Paunapopo

by Mandla Ndlovu | 01 May 2019 | 22994 Views

Disappointing first episode for Our Perfect Wedding Zimbabwe - PERHAPS...

by Staff reporter | 01 May 2019 | 1814 Views