HomeLocal NewsDebt collector in trouble over school funds

Debt collector in trouble over school funds

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A Bulawayo businessman, Christopher Dlodlo, has appeared in court to answer to charges of fraud following allegations his debt collecting company swindled Sobukazi High School of more than $14 000 collected from defaulting parents.

Dlodlo, who was representing his company, Skies Debt Collectors, as the managing director, was not formally charged with fraud when he briefly appeared before Bulawayo magistrate Ndumo Masuku last week.

The State case is that on November 9 last year, Sobukazi High School contracted Dlodlo’s company to make a follow-up and collect outstanding levies from defaulting students and remit the money to the school after deducting commission.

The agreement between the parties was to the effect that the company would charge 10% commission and $12 fixed charges per debtor.

Between November 23 last year and June 8 this year, the debt collecting company allegedly recovered a total of $26 706 from parents.

However, instead of remitting $21 898,95 after deducting commission of $4 809,08 only $7 103 was allegedly remitted to the school.

The company allegedly converted $14 795,95 to its own use.

The school’s development association representative Munyaradzi Mhike and his executive discovered the offence and sought the services of auditors to conduct an audit.

It was allegedly discovered that the company was not remitting the money as per contract.

A report was made to the police but nothing has been recovered.
Admire Chikwayi appeared for the State.

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