Self-exiled former ZANU PF member Professor Jonathan Moyo claims that former Energy minister Fortune Chasi was fired by Emmerson Mnangagwa for allegedly attempting to block the theft of US$ 1,2 billion by the Zanu PF leader.
In a long twitter thread, Moyo said Chasi was fired not because of Zesa affairs but because his conduct in investigating and seeking to cancel the USD 1,2 billion SOTIC deal at NOIC is incompatible with Mnangagwa’s expctations as a beneficiary of the SOTIC deal.
Moyo implicated Foreign Affairs minister Sibusiso Moyo and Mnangagwa’s ally Kudakwashe Tagwirei as benefactors of SOTIC deal.
According to Prof Moyo, Chasi sought to bar the US$1,2 billion Sotic International deal pursuing national interest without knowledge that Mnangagwa, Tagwirei, and SB Moyo were the benefactors.
“In May 2019 Mnangagwa and SB Moyo stole USD1,2 billion disguised as a State loan from SOTIC INTERNATIONAL, fronted by Kuda Tagwirei. The theft was structured by SB, using NOIC assets as mortgage. Chasi found out, tried to reverse it and got fired yesterday.
“Criminally, the SOTIC USD 1,2 billion was structured by @MinisterSBMoyo, who got USD 12 million for “structuring it”; and it was sent to #NOIC after it had already been approved by @edmnangagwa, @FinanceZim & @ReserveBankZIM; with USD 1,2 billion paid to PRIVATE ACCOUNTS!
“Either bravely or naively, after his investigation, @fortunechasi sought an alternative to the SOTIC deal & negotiated it with GLENCORE. But no alternative was possible to implement; without costing SOTIC its USD 12 million a month or refunding the USD 1,2 billion advance!” Prof Moyo said.
Prof Moyo added that under the deal, the USD 1,2 billion “loan” would be paid back with interest over a 10 year period in monthly installments of USD 12 million and NOIC assets were mortgaged to secure the “loan”.
“In May 2019, Mnangagwa ordered then tourism minister Mupfumira to appoint to the EMA board his customary wife Moline Mayahle, sister to Gata’s wife Angeline Mayahle, with whom they have several children. So, Mnangagwa did not EXPECT Chasi to cause Gata’s removal from Zesa!” Moyo added.
Meanwhile, Chasi has dismissed claims by Moyo that he was fired for ordering investigations into the the Sotic deal that so the state lose US$1,2 billion.
“I have seen a set of tweets Jonathan moyo suggesting that I caused an investigation into what he calls the SOTIC deal . I have no knowledge of this deal nor did I cause the alleged investigation. I am not sure what the source of the investigation is nor the motive.
“In my entire tenure at the ministry I never caused any investigation or enquiry into anything at NOIC. I had no issues at that level.
