adminThe company which was being represented by Mr Brian Nathan supplied various goods to Mitchell and Ncube for them to sell on its behalf. It is alleged after selling the goods, the duo converted US$596 913 to their own use.
Mitchell and Ncube were not asked to plead to fraud charges when they appeared before magistrate Mr Donald Ndirowei.
They were granted US$100 bail apiece coupled with some stringent conditions.
They were ordered to surrender their passports, report once every Friday at CID Serious Frauds and to continue residing at their given addresses until the matter is finalised.
The pair is expected to be back in court on 30 April.
The State led by Miss Junior Mugebe alleges that during the period from June 2010 to December 2011, Ocean Traders International Africa (Pvt) Limited entered into a consignment agreement with the two accused persons. It is alleged that Mitchell and Ncube were supplied with various products, amongst them alcoholic beverages and groceries worth US$2 127 118.80.
The pair were supposed to sell the goods on behalf of the company, it is alleged.
It is the State’s case that after selling the goods to various customers in the country, the duo only paid US$1 530 206 to the company and pocketed the difference.
Online Reporter