Investigation Hot And Active: Chivayo Remains In SA Probe Over Alleged Diversion Of $3.2B

Controversy surrounding Zimbabwean businessman Wicknell Chivayo is far from over. Despite claims that the matter has quieted down, authorities in South Africa’s Directorate for Priority Crime Investigation (Hawks) have confirmed that a complex cross‑border probe into alleged suspicious financial flows involving more than US$3.2 billion in public funds is ongoing and active.

The Hawks have pushed back against assertions that the case has been dropped or concluded, stressing that no public decision has been made to clear Chivayo or close the file. Investigators say probes of this nature, spanning multiple jurisdictions and financial systems, take time and involve forensic analysis of banking records and anti‑money‑laundering trails.

At the heart of the investigation are suspicious transaction reports flagged by South Africa’s Financial Intelligence Centre, which identified large movements of money through entities linked to companies associated with Chivayo. These patterns are regarded by financial‑crime experts as classic red flags under anti‑money‑laundering laws.

The probe has also intersected with broader debates over alleged corruption in Zimbabwe. Earlier leaked dossiers claim that more than US$3.2 billion in state funds was diverted through inflated contracts and non‑transparent tenders involving politically connected figures, including Chivayo and others, accusations that have inflamed calls for independent forensic audits.

In Zimbabwe, Chivayo is a high‑profile and polarising figure. He has been a recipient of major government contracts, including the controversial Gwanda Solar Project, a US$173 million initiative that has faced delays and questions about performance, even as legal battles tied to it wound through the courts.

Chivayo has denied wrongdoing in this latest matter, and while Zimbabwe’s Anti‑Corruption Commission recently said it found no evidence connecting him to certain electoral material procurement fraud claims, the South African investigation remains live, underscoring the transnational dimensions of financial probes involving politically exposed persons.