Tino Chinyoka led Petrotrade board placed on indefinite suspension
Minister of Energy and Power Development Soda Zhemu has suspended the Petrotrade board chaired by lawyer Tinomudaishe Chinyoka and instituted investigations into what they called ‘corporate governance issues’.
Petrotrade Zimbabwe (formerly National Oil Company of Zimbabwe (NOCZIM) is a trading company responsible for downstream activities, including selling petroleum products and lubricants through bulk sales and service stations.
The board that was appointed last year, includes ex-MDC Alliance legislator Lilian Timveos, who defected to Zanu-PF.
Chinyoka was the chairman and deputised by Zanele Dube. Other board members included Simba Mhuriro, Gladys Mumhure, Ferida Matambo, Lilian Timveos, Getrude Marabada and Godfrey Ncube.
Chinyoka, a respected lawyer and former student leader did not respond to inquiries sent to him by Zimbabwe Observer.