Monday, February 06, 2006

ZANU PF probes senior party officials over missing Z$1 billion

MASVINGO – Zimbabwe’s ruling ZANU PF party is probing several senior members of the party in Masvingo province for allegedly misappropriating about Z$1 billion during last year’s parliamentary election.

According to ZANU PF officials in Masvingo, the funds which can no longer be accounted for, were raised through the sale of party cards in the run-up to the controversial election won by President Mugabe’s ZANU PF party.

Among those under probe are former Masvingo provincial chairman Daniel Shumba and another senior party official in the province, Clemence Makwarimba. The two have however strongly denied the allegation.


ACTUALLY THIS IS NOT AS BAD AS IT SOUNDS, SINCE THE LATEST EXCHANGE RATE IS:
1 US Dollar = 98,457.1 Zimbabwe Dollar....

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