Chinese partners (CHiNT Electric)

‘Undenge Pressured Us To Pay Chivayo US$5m Without Guarantee To Protect Public Funds’.-ZPC

Posted on by newzimbabwevision

  Energy and Power Development Minister Dr Samuel Undenge reportedly pressured the Zimbabwe Power Company to pay Wicknell Chivayo’s Intratek Zimbabwe $5 million in the absence of a bank guarantee to protect public funds. Chivayo yesterday admitted to receiving payment without a guarantee as specified in the contract to construct a 100 Megawatt solar plant in Gwanda. Chivayo said it was difficult for a local company to raise a bank guarantee, hence the decision to…

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Wicknell Chivayo, ZPC/ Minister of Energy and Power Development, Samuel Undenge, Tender Saga Deepens

Posted on by newzimbabwevision

THE Minister of Energy and Power Development, Samuel Undenge, reportedly pressured the Zimbabwe Power Company to pay Wicknell Chivayo’s Intratek Zimbabwe $5 million without the firm submitting a bank guarantee to protect public funds, it has emerged. This comes as Chivayo yesterday admitted receiving payment without a guarantee as specified in the contract to construct a 100-megawatt solar plant in Gwanda. Chivayo said it was difficult for a local company to raise a bank guarantee…

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