Wicknell Chivayo, a well-known banker and businessman from Zimbabwe, has refuted allegations that he submitted requests to Ecobank seeking to raise the monthly cash withdrawal limit for his companies’ accounts to $20 million.
Chivayo, representing IMC Technologies Incorporated, was reportedly linked to a letter dated December 5, 2024, which claimed that his firm had secured a $100 million contract with the Ministry of Information, Communications, and Technology for significant supplies of hardware, software, and other vital resources.
In a response posted on X (formerly Twitter), Chivayo addressed the claims, stating:
“DESPERATE AND SHAMEFUL… I’ve been made aware of poorly FORGED letters circulating on social media, falsely alleging that I requested an increase in the withdrawal limits of accounts supposedly held at EcoBank under the names of IMC Communications and Eden Breeze (Pty) Ltd. I categorically DENY these false allegations and firmly assert that I have NEVER signed, authored, or authorized any such letters or requests. These documents are CLEAR FORGERIES, crafted to maliciously harm my personal and business reputation and mislead the public.
This SMEAR CAMPAIGN appears to be a well-orchestrated effort by individuals motivated by BITTERNESS and ulterior motives to advance a specific POLITICAL narrative. Among the culprits are certain known and rival political figures whose frustration and envy stem from their inability to achieve what I have, both in business and philanthropy. It is widely recognized that neither the opposition party’s PRESIDENT nor its leadership has ever been hosted by any Head of State, highlighting their inadequacy and fueling their bitterness towards my recent engagements with foreign leaders.
I received reliable reports suggesting that a certain disgraced female “Advocate,” rejected by her own opposing political party and desperate to reclaim significance, unlawfully accessed court records and replicated my authentic signature from previous affidavits on the forged letters circulating online. This blatant forgery and the malicious spread of these documents are not only unprofessional but also constitute a serious CRIMINAL offense. I categorically REJECT and DISMISS these forgeries with the utmost CONTEMPT and hold the right to pursue legal action against those involved in this nonsense!
While I take pride in being a HARD-WORKING and SUCCESSFUL businessman, the inflated figures mentioned in the fabricated letters far exceed my reality. One must question why anyone would need such exorbitant amounts of cash in an age where PLASTIC MONEY and WIRE TRANSFERS are the norm. The underlying motive can only be attributed to the animosity stemming from my exercise of my CONSTITUTIONAL RIGHT to support the political party and PRESIDENT of my choice. I will continue to back PRESIDENT E.D. MNANGAGWA and ZANU PF’s vision, and no individual, regardless of their stature, can intimidate me into changing that stance. I remain UNDAUNTED by any insidious threats from unsuccessful opposition figures.
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It’s important to recognize that not everyone can achieve EQUALITY, particularly if they do not exert the effort to WORK HARD, are not BRAVE enough to pursue opportunities, or lack INNOVATION to create avenues that benefit our beloved nation, ZIMBABWE. I can thrive in any environment. I made my first ONE MILLION RAND at 19 and my first ONE MILLION USD at 23. When I confidently state my goal of becoming a BILLIONAIRE by the age of 50, does anyone truly believe I am selling TOMATOES at a market or supplying GROCERIES to local shops? I am not a LAWYER earning USD 1,000 for three days of argumentation on a client’s behalf…
Let it be clear now and always: ALL contracts executed or to be executed by my companies in KENYA, SOUTH AFRICA, TANZANIA, UGANDA, or ZIMBABWE are awarded SOLELY based on COMPETENCE, PROFESSIONALISM, and adherence to proper and IMPECCABLE procurement procedures. The reputable organizations I associate with ensure that only the HIGHEST STANDARDS are upheld.”
See tweet here
