A TRINSEC Security (Pvt) Limited director, who is also a former policeman, yesterday appeared in court over allegations of attempting to extort $82 000 from BancABC.
Alex Mundiya (34) of Manyame Park, Chitungwiza, made his bail application before Harare magistrate Donald Ndirowei pending trial and the matter was rolled over to today.
Through his lawyer, Mundiya told the court that he was a suitable bail candidate because there were no prospects of absconding. He said he had no territorial connections and had interests in the country since he had a company. He also told the court that he was not a flight risk since he was not a holder of a valid passport.
Prosecutor Tungamirai Chakurira told the court that on November 4 this year, Mundiya approached BancABC managing director Hashmon Matemera, claiming that his company was in possession of the bank’s highly confidential information which he alleged had been leaked by its employees.
The court also heard that Mundiya said the information contained in the documents related to more than 40 of BancABC’s valued clients and that disclosure to authorities like the Zimbabwe Revenue Authority (Zimra) would harm the bank and its clients.
It is further alleged that Mundiya told Matemera that the information in his custody reflected the liquidity status of some companies banking with BancABC and that information was not disclosed to Zimra to circumvent tax obligations. Some of the companies mentioned included Marange Resources, DMC and Anjin. Mundiya allegedly demanded payment of $82 200 to release documents to the bank before they reached Zimra.
The matter was reported to CID Serious Fraud on November 8 and a meeting subsequently scheduled on November 12 where Mundiya, police detectives and the bank’s officials were present. Mundiya was then arrested after the meeting had ended.