Highlanders CEO Brian Moyo Resigns Amid Financial Misconduct Probe
Bulawayo Football Club Faces Leadership Crisis
BULAWAYO – Highlanders Football Club CEO Brian Moyo has resigned just four months into his tenure following allegations of financial impropriety. The club had already launched an investigation into suspected fraudulent activities before his resignation.
Allegations of Inflated Invoices
Moyo stands accused of allegedly inflating player transfer invoices. According to reports, Highlanders owed Bulawayo Chiefs $18,000 for the transfer of two players, but Moyo allegedly authorized payments totaling $23,000. The discrepancy of $5,000 is suspected to have been diverted for personal use.
Club Statement on the Resignation
In an official statement, Highlanders confirmed: “Highlanders has received and accepted a resignation letter from CEO Brian Moyo. His resignation comes at a time when the club had already initiated investigations and a disciplinary process following allegations of corruption and misappropriation of funds.”
The statement continued: “The club assures its stakeholders that due process will be followed to resolve this matter.”
Leadership Instability at Highlanders
Moyo had replaced the late Sihlangu Dlodlo as CEO. With his departure, Highlanders now faces the challenge of finding its fourth chief executive in just over a year, raising concerns about leadership stability at the historic Zimbabwean football club.
This article summarizes an original report from ZimLive. Full credit goes to the original source.