Kudakwashe Tagwireyi


Fuel mogul, Kuda Tagwirei, will appear before a
parliamentary portfolio committee on November 11 to explain how Sakunda
Holdings used funds under the Command Agriculture scheme.

Tendai Biti, chairperson of the Public Accounts Committee
(PAC), told the Business Times that his committee had decided to call Tagwirei
to appear before the committee as it moves to bring closure to the

“We have resent an invitation letter to Sakunda Holding
inviting its owner Kudakwashe Tagwirei to come to Parliament and they have
promised us that Tagwirei will come together with his chief executive officer
to the committee,” Biti said, adding that they are central to the probe.

“If we fail to summon Tagwirei and his company Sakunda
Holdings, there will be no probe into the Command Agriculture programme to talk
about because Sakunda Holdings is a key player in the Command Agriculture as it
was paid the huge amounts of money that it has to account for,” said Biti.

Sakunda Holdings was paid US$2 billion for Command
Agriculture by the Treasury through Treasury Bills.

Biti said part of the PAC’s agenda has seen them summoning
governor of the Reserve Bank of Zimbabwe John Magudya and his team and the
Ministry of Finance and Economic Development to explain how they were using
public funds and financing projects that are of national interest, including
grain procurement and fuel and electricity importation. He said the committee
had gathered enough evidence on the Command Agriculture, and monies that had
been paid to Sakunda Holdings and that had not been fully accounted for.

“We know what we are doing as a committee. There is no witch
hunt in this matter. All we need is transparency with public funds, and as
Parliament we are doing our oversight role in this matter,” Biti said.

“There is no politics to talk about in this issue but
members want to know what is happening with their funds paid out to private
companies to carry national projects,”said Biti.

Biti said the former Finance minister Patrick Chinamasa who
was responsible for financing the Command Agriculture project was not going to
be held accountable as he had written instructing letters to the Treasury to
fund the project.

“Chinamasa acted in a clever manner as a lawyer and he gave
instructions to the RBZ to issue Treasury Bills. Chinamasa himself did not sign
any TBs but passed the buck to the RBZ, This is why we have been questioning
the RBZ and Ministry of Finance officials, who were involved in the
transactions,” Biti added.

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