And the looting goes on …Chief Castigates Leaders Looting Indigenization Funds

Posted: October 10, 2012 in Uncategorized

By Gibbs Dube
08.10.2012

The deputy president of the chiefs’ council has castigated traditional
leaders who are allegedly misappropriating community ownership trust funds
sourced from foreign mining companies under Zimbabwe’s controversial black
empowerment program.

Chief Mtshana Khumalo of Bubi communal lands said it is disheartening that
some chiefs in Zimbabwe are looting funds meant to benefit communities.

He said the ministry of indigenization should tighten accountability
procedures in order to block local indigenization boards headed by chiefs
from abusing the funds totaling $40 million.

Some chiefs in Shurugwi, Midlands province, currently administering a $2
million community share ownership trust fund, recently awarded themselves
sitting allowances of $5,000 each.

Chief Khumalo told VOA Studio 7 these traditional leaders are a national
disgrace. “They should always think about the needs of their communities
instead of enriching themselves.

Economist Rejoice Ngwenya of the Liberal Market Solutions said such looting
is being encouraged by the Zanu PF system of political patronage.

Youth and Indigenization Minister Saviour Kasukuwere was not immediately
available for comment.

The Indigenization and Economic Empowerment Act allows the minister to set
up a national and local empowerment board tasked with administering funds
sourced from the foreign-owned companies.

The funds are supposed to be used for the construction of roads, clinics,
dams, schools and other community infrastructure.

Indications are that these funds are being diverted for personal use by some
chiefs, headmen and local villagers linked to President Robert Mugabe’s Zanu
PF party.

The two formations of the Movement for Democratic Change in the shaky
coalition government have already indicated that the indigenization program
is a Zanu PF scheme for disempowering whites associated with Western nations
that imposed targeted sanctions against the president and his inner circle.

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