They’ve fired Energy Mutodi as Chairperson of the Budget Committee for tweeting allegations in respect of alleged malpractices in the Ministry of Finance.
GUVAMATANGA $1B KICKBACK SCANDAL!
Parliament has been rocked by explosive allegations that Permanent Secretary in the Ministry of Finance, George Guvamatanga, notoriously known as GG, has been siphoning off 5–10% kickbacks from Treasury payments — a scheme that has allegedly made him the richest civil servant in Zimbabwe.
Speaking in Parliament, Energy Mutodi revealed that ministries, departments, and contractors who refuse to pay GG his “commission” have reportedly been denied their rightful payments for months, even when funds were fully budgeted.
“Parliament itself has struggled to operate over the past six months because George Guvamatanga has blocked our budgeted funds,” Mutodi told MPs, sending shockwaves through the House.
Sources say GG, officially earning less than $1,000 a month, now boasts over 5,000 dairy cattle, extensive dairy equipment, and several luxury mansions, prompting calls for a lifestyle audit.
One contractor, Bitumen, responsible for roadworks, claims GG demanded US$200,000 in kickbacks for every US$2 million payment he authorized weekly a practice they say has forced them to lodge repeated complaints with Parliament’s Budget Committee.
The scandal raises urgent questions about financial governance in Zimbabwe’s Treasury, with MPs demanding accountability and transparency over what appears to be a multi-million-dollar corruption scheme at the heart of government.
The burning question now: How did a civil servant earning less than $1,000 a month amass over $1 billion in illicit wealth?
Info News
Best Private Student Loans for Graduate Degree Programs
Graduate education costs continue rising sharply.
Many students exhaust federal loan options and begin searching for the best private student loans for graduate degree programs.
But borrowing decisions made today can impact finances for decades.
What Private Lenders Evaluate
Private lenders often review:
- Credit history
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- Degree program
- Cosigner strength
- Debt-to-income ratios
Rates vary significantly.
Risks Graduate Students Must Understand
Private student loans may involve:
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Borrowers should compare terms carefully.
Final Takeaway
The best private student loans balance manageable repayment terms, competitive rates, and long-term financial flexibility.
Students should evaluate borrowing carefully before taking on large education debt.
Innovation Meets Strategy: The Power of Elite Event Management Agencies
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