Sakunda Holdings Faces Forensic Audit Over Command Agriculture Funds

3 years ago
Sat, 02 Nov 2019 10:07:22 GMT
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Sakunda Holdings Faces Forensic Audit Over Command Agriculture Funds

Parliament has this Thursday recommended that a forensic audit has to be undertaken on the Command Agriculture following allegations that the funds meant for the programme were abused by Sakunda Holdings which is owned by Kuda Tagwireyi, an alleged ally of President Emmerson Mnangagwa.

The recommendations were made in Victoria Falls by the Felix Mhona-led Budget and Finance Parliamentary Portfolio Committee during the ongoing 2020 pre-budget seminar. The Budget and Finance Committee report read:

To restore stakeholder confidence in the Command Agriculture programme, and its credibility, the 2020 national budget must provide for a forensic audit of the programme with the aim of weeding out corrupt elements and recovering misused and abused resources.

There is need to build credibility for the Command Agriculture programme by abiding by the undertaking that selection of beneficiary farmers and suppliers will be done in a transparent manner and targets farmers with a good track record of honouring obligations.

Auditor-General Mildred Chiri’s audit reports revealed that Sakunda was in 2017 and 2018, in that order, allocated US$2,1 billion and US$1,5 billion for the programme without Parliament approval and supporting documents from the Finance Ministry and the Reserve Bank of Zimbabwe in breach of the Public Finance Management Act.

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Reports suggest that the money was abused.

More: Nehanda Radio



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