Online Reporter
Yeukai Karengezeka-Chisepo
Court Correspondent
AN ownership dispute involving a company valued at US$3 million has escalated to the courts.
The case started after one of the beneficiaries of the late Hamphrey Vengesai’s estate allegedly altered company documentation without the knowledge or consent of other stakeholders.
The complainant is Quadcam (Pvt) Ltd, owned by the estate of Hamphrey Vengesai and Fausta Penza. The company is represented in court by Kumbirai Chipungu.
Tafadzwa Mhangarai Vengesai (38), a beneficiary of the estate, appeared before Harare magistrate Mrs Jesse Kufa facing charges of fraud.
He was granted US$300 bail and is scheduled to return to court on April 14.
Prosecutor Mr Oscar Madhume alleged that in 2024, Kumbirai Chipungu initiated a process to replace lost company documents at the Deeds and Companies Registry.
This was done through a resolution passed by the board of directors, shareholders and stakeholders.
As a beneficiary, Tafadzwa Vengesai participated in the meeting but allegedly intercepted the process and unlawfully applied for the re-registration of Quadcam (Pvt) Ltd without the necessary approvals.
The court heard that Vengesai bypassed the board and stakeholders, re-registering the company with the Registrar of Deeds and Companies.
He replaced the original directors — Nyengerai Vengesai, Sarai Vengesai, and Tapfumanei Vengesai — with himself and an accomplice identified as Bridget Emma Demera.
The fraud became evident when Vengesai publicly gazetted his intention to replace the company documents in a local newspaper.
Subsequent investigations revealed that the re-registration had already been finalised.
Efforts to engage Vengesai to reverse his actions reportedly failed. On July 29, 2025, the complainants reported the matter to the Zimbabwe Republic Police (ZRP) at Harare Central.
Following the alleged fraud, Vengesai fled to Tanzania to evade arrest.
However, he was apprehended and brought before the court on Tuesday.
The estimated prejudice resulting from the alleged fraud stands at US$3 million.
