Air Zimbabwe board ‘investigated’
21 / 03 / 2015
REPORTS from Harare claim that Air Zimbabwe has had its entire board of directors fired by Zimbabwean Minister of Transport, Obert Mpofu.
The airline’s management is at the centre of an alleged US$11million insurance scam following a forensic audit of the airline’s operations.
According to the ministry, a soon-to-be-appointed reconstituted board will be mandated with ensuring that there is improved service delivery, maximisation of shareholder value and to spearhead the turnaround of the state-owned enterprise.
The airline has meanwhile had its two A320-200s grounded in Johannesburg for the last four weeks and are incurring storage charges which are rising by the day.
The aircraft were taken to South Africa for C-checks,” say reports.
Recent revelations claim that the airline’s its debt has now ballooned to US$230million.