HomeNewsTwo in court over $44 000 fraud

Two in court over $44 000 fraud


TWO employees at Zambuko Trust in Mutare appeared in court last Friday on allegations of defrauding their employer of $44 509,90.


The suspects, Agnes Kuda Chikosi (44) and Beauty Mutema (28), were not asked to plead to the charge when they appeared before magistrate Sekai Chiundura.

They were granted $300 bail and remanded to February 27.

It is the State’s case that sometime between October 4 2012 and November 2013, the pair who were employed as branch supervisor and debtors clerk, respectively, allegedly created loan accounts using names of non-existing people.

They allegedly submitted the details to their headquarters in Harare misrepresenting that the listed people had borrowed money from the organisation.
They would allegedly withdraw different sums of money from the accounts and convert it into their personal use.

However, the matter came to light in September 2014 after a Zambuko director, not mentioned in court papers but who is the complainant in the matter, visited the Mutare branch to check on contract documents and discovered the alleged scam.

The State submitted that Zambuko Trust was prejudiced of $44 509,90 and nothing was recovered.

Donald Mudadirwa appeared for the State.

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