HARARE magistrate Anita Tshuma yesterday dismissed an application by Caps Holdings chairman Fredrick Mtandah, who was seeking to be removed from remand in a case where he is accused of swindling the pharmaceutical firm of $25 million.
CHARLES LAITON
The magistrate ruled in favour of the State and remanded Mtandah and his co-accused Justice Majaka out of custody to January 28 next year while awaiting indictment to the High Court for trial when the first term opens.
During the last court hearing, prosecutor Michael Reza submitted a letter from the Attorney-General (AG)’s Office signed by chief law officer Chris Mutangadura which read: “Kindly advise the court that upon reading the docket in this matter, the AG has decided to bring the accused person for trial before the High Court of Zimbabwe and indictment papers will be served . . .”
Mtandah and Majaka had made an application for refusal of further remand arguing the State had taken too long to try them and, as such, wanted the prosecution to proceed by way of summons.
The two are represented by Linda Chipato and Raphael Tsivama respectively.
Yesterday morning, Mtandah and Majaka were issued with warrants of arrest after failing to attend court, but the warrants were later cancelled in the afternoon when they eventually turned up.
Allegations against the two are that sometime last year they took 50 dossiers of critical drugs manufactured by Caps Holdings and registered them in Europe under the name CAPS International.
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By so doing, it is alleged, they defrauded the State of over $25 million, a claim dismissed by Mtandah.
