ZACC arrests Cottco bosses Manamike and Njanji over corruption
Maxmore Njanji
The Zimbabwe Anti-corruption Commission (ZACC) has arrested Cotton Company of Zimbabwe Limited (Cottco) Managing Director, Pious Manamike and the Marketing and Business Development Manager Maxmore Njanji over allegations of corruption.
The two were arrested on Thursday after a 2021 audit report unearthed financial irregularities.
ZACC spokesperson John Makamure confirmed the arrest.
They are set to appear in court today (Friday) for bail hearing.
This is not the first time the pair is arrested for corruption. In 2018, they were arrested for allegedly defrauding US$2 million from Cottco and were released on US$500 bail each by magistrate Rumbidzai Mugwagwa.
Njanji is eying Zanu-PF Mazowe Central seat.
In May this year, President Emmerson Mnangagwa said his administration would go after corruption at the Cottco.
“Those in charge of Cottco must quickly change their ways, there is no time any longer, certainly no patience in us suffering their irresponsible conduct,” he said on May 30.
