The Diaspora and Infrastructure Development Group (DIDG) filed its lawsuit after government cancelled a US$400 million deal that it had signed with the NRZ in 2017.
NRZ slapped with US$236m lawsuit
SOUTH Africa-based business syndicate, the Diaspora Infrastructure Development Group (DIDG), has filed a lawsuit at the High Court demanding damages amounting to a staggering US$236 million from the National Railways of Zimbabwe (NRZ) after government unilaterally terminated its US$400 million contract to recapitalise the country’s out-of-date rail system.
Tinashe Kairiza
As revealed by this newspaper in its exclusive series on the botched deal, Attorney-General Prince Machaya advised Transport minister Joel Biggie Matiza on the legal consequences of reversing the US$400 million deal awarded to DIDG.
According DIDG’s application seen by the
Zimbabwe Independent this week, the consortium, which won the tender to recapitalise NRZ in 2017, only to lose the deal last year, wants the contract to be restored, failure of which it wants NRZ to pay US$236 million as compensation for breach of contract.