SRC to dissolve ZC Board
Posted: Fri Sep 21, 2018 9:12 am
Ladies and Genteleman
I'm reliably informed the current ZC Board will be dissolved soon. The Sports and Recreation Commission (SRC) will be making an announcement soon. The former Sports Minister Kazembe Kazembe had already given his blessings. What's happening now is they (SRC) are just briefing the new minister on what is going to happen.
Moving on to the current lawsuit at the High Court by Heath Streak and wanting ZC to be declared financially insolvent and be run by a curator. There was noise in the press by a certain bootlicker journalist by the name Mehluli Sibanda praising the current and soon to be ex-chairman Tavengwa Mukhuhlani of having the debts and loans housed under ZAMCO thus throwing a 'lifeline' to ZC. If anyone follow me on Twitter i was the first and only person to boldly declare that this will come back to bite Tavengwa Mukhuhlani. Here is why:
1. By housing the debts and loans under ZAMCO, Zimbabwe Cricket has technically admitted they are financially insolvent they can't pay their debts. So what Heath Streak through his legal rep Gerald Mlothswa are doing is going through the legal motions to effect the change and get the organisation under new administration.
2. ZC were tasked by ICC and government to declare all the debts and they left some out like the Streaky one, mine also as I have a letter of acknowledgement from ZC for money they still owe me and other former employees who won labour court cases against the body. What this means there is no trust and faith in the current leadership as they had the opportunity to do so but thought they were smart.
More to follow........
I'm reliably informed the current ZC Board will be dissolved soon. The Sports and Recreation Commission (SRC) will be making an announcement soon. The former Sports Minister Kazembe Kazembe had already given his blessings. What's happening now is they (SRC) are just briefing the new minister on what is going to happen.
Moving on to the current lawsuit at the High Court by Heath Streak and wanting ZC to be declared financially insolvent and be run by a curator. There was noise in the press by a certain bootlicker journalist by the name Mehluli Sibanda praising the current and soon to be ex-chairman Tavengwa Mukhuhlani of having the debts and loans housed under ZAMCO thus throwing a 'lifeline' to ZC. If anyone follow me on Twitter i was the first and only person to boldly declare that this will come back to bite Tavengwa Mukhuhlani. Here is why:
1. By housing the debts and loans under ZAMCO, Zimbabwe Cricket has technically admitted they are financially insolvent they can't pay their debts. So what Heath Streak through his legal rep Gerald Mlothswa are doing is going through the legal motions to effect the change and get the organisation under new administration.
2. ZC were tasked by ICC and government to declare all the debts and they left some out like the Streaky one, mine also as I have a letter of acknowledgement from ZC for money they still owe me and other former employees who won labour court cases against the body. What this means there is no trust and faith in the current leadership as they had the opportunity to do so but thought they were smart.
More to follow........