CEO GATE: Highlanders Boss Suspended Over $5,000 F...

CEO GATE: Highlanders Boss Suspended Over $5,000 Fraud

By Philemon Jambaya

Zim Now Editor

Highlanders Football Club CEO, Brian Moyo, has been suspended amidst allegations of fraudulent activity involving the transfer of two players.

According to sources within the club, Moyo presented a falsified invoice, leading to a potential misappropriation of US$5,000. The controversy centers around the purchase of two named players from Bulawayo Chiefs, with Moyo allegedly submitting an invoice for US$23,000 to the Highlanders board, when the actual agreed-upon transfer fee was US$18,000.

The discrepancy of US$5,000 triggered a major internal investigation, resulting in Moyo's immediate suspension. A source close to the club revealed that the matter "mistakenly" came to light, indicating that the discrepancy was not initially intended to be discovered.

The revelation prompted an urgent joint board and executive meeting held on Thursday, where the decision to suspend Moyo was reached. Moyo, who assumed the CEO position just four months ago, now finds his tenure under severe scrutiny.

The allegations have sent shockwaves through the club and its fanbase, raising concerns about financial transparency and accountability. Highlanders, one of Zimbabwe's most storied football clubs, prides itself on its rich history and passionate supporters.

This scandal threatens to tarnish the club's reputation and create instability within its administrative ranks. As the investigation unfolds, fans and stakeholders will be watching closely to see how the club addresses this crisis.

In a related development, sources have revealed that a former Dynamos executive, now with one of the money bags clubs in the country, has been implicated in a separate scandal involving the misappropriation of sign-on fees from Sakunda Holdings for Dynamos players. The full extent of this scandal is yet to be revealed, but it has already raised eyebrows within the Zimbabwean football community.