BUSTED: Police Arrived At Guvamatanga’s House Over $60 Million Scandal But See What Their Eyes Saw

‎Harare – In dramatic scenes that unfolded early this morning, law enforcement agents reportedly stormed the residence of Zimbabwe’s Finance Secretary, George Guvamatanga, in connection with the shocking $60 million scandal that has rocked the Ministry of Finance.
‎According to confidential sources close to the investigation, police arrived at Guvamatanga’s Borrowdale home with intentions to arrest him over allegations of misusing public funds to guarantee a shady $20 million private loan. However, what they reportedly uncovered inside the house has left even senior investigators stunned.
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‎While no official police statement has been released yet, insiders allege that key documents linked to the Valley Seeds loan scandal were found, including what appears to be unauthorised correspondence and financial guarantees bearing Guvamatanga’s signature. These documents allegedly confirm that the Ministry of Finance committed to paying $5 million per month to Ecobank Zimbabwe — a total of $60 million — as security for a $20 million loan to Valley Seeds, a private company with no clear ownership or public profile.
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‎In a now-leaked letter dated March 24, 2025, Guvamatanga is seen promising full government backing for the private loan, going so far as to give Ecobank the right to directly debit government funds in the event of non-payment by Valley Seeds.
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