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  • Ozias bvute biography of william

  • Ozias bvute biography of william
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    Ozias Bvute

    Politics

    Contested in the 2018 elections as a member of the ZANU PF and he won becoming Member of Parliament for Goromonzi North

    Scandals and Controversies

    Closure of SME Bank in Namibia

    Bvute was a board member of the Namibian, SME Bank, when it was taken over by the Bank of Namibia in March 2017 after the central bank unearthed information citing 'risky investments' the SME bank had made in South Africa.

    The CEO of the bank was Tawanda Mumvuma. Enoch Kamushinda was a fellow board member.[3] The incident in March 2017 was not the first time the bank had been found to be in violation of corporate governance. In October 2014, the bank was considered to be "in shambles with mounting losses, no audited financial statements and fuzzy ownership by the supposed technical partners, who spearheaded its establishment."[4]

    $6 Million Scandal

    While still at Zimbabwe Cricket Bvute was accused with Wilson Manase and Paul Chingoma of having mismanaged $ 6