HomeLocal NewsCBZ manager on drinking spree after $73 000 theft

CBZ manager on drinking spree after $73 000 theft


A branch manager with the Commercial Bank of Zimbabwe (CBZ) based at Nyika growth point in Bikita allegedly stole $73 099 in clients’ deposits and immediately tendered his resignation.

Tongai Mukwembi (38) was allegedly seen spending some of the money at a night club at the growth point the day that the money went missing.

Nothing has been recovered.

He appeared before Masvingo magistrate Learnmore Mapiye yesterday and was granted $100 bail.

His alleged accomplice Wesley Mudima is on the run.

Mapiye ordered the accused not to interfere with state witnesses, to continue residing at his given address, and to report twice weekly to detectives at Nyika between 6am and 6pm.

Mukwembi, who is represented by prominent Masvingo lawyer Phillip Shumba, is alleged to have on October 7, connived with Mudima, another CBZ employee, to steal the money from the storeroom.

Prosecutor Makamure Waini said Mukwembi, as the branch manager, took the money and gave it to Mudima. On the same day the money went missing, Mukwembi and Mudima were seen on a drinking spree at a night club.

Waini argued that Mukwembi had the duty to ensure that all money should be accounted for, but on that day, he did not take any precautions to secure the money.

The state had opposed bail saying the accused was a flight risk as the amount he allegedly stole was large and had not been recovered.

Waini also argued that Mukwembi had tendered his resignation with the bank a day after he was arrested and therefore was likely to abscond.

“It is mind-boggling why he tendered his resignation if he is innocent. This shows that the state has a strong case against the accused,” Waini charged.

However, Mapiye, after cross-examination, granted Mukwembi bail after he considering that Mukwembi, during and after his arrest, never resisted or showed any signs that he was likely to flee.

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