Online Reporter
Zvikomborero Parafini
CROCO Motors has dragged a former employee to court accusing him of stealing US$37,000 worth of trust property during his time at the company.
Edson Shereni, 51, was not asked to plead when he appeared before Harare magistrate Ruth Moyo, who released him on US$200 bail.
He was ordered not to interfere with witnesses and investigations, to reside at his known address and to report once a fortnight at CID Commercial Crimes Division.
Croco Motors is being represented in court by its Group Credit Manager Chivimbiso Njovo. Prosecutors alleged that between May 2024 and November last year, Shereni was employed by Croco Motors as a Credit Controller.
His duties included managing customer accounts, collecting payments and accurately posting receipts on behalf of the company.
During his term of employment, Shereni allegedly devised and executed a plan to steal from his employer.
He allegedly received payments from company’s debtors and converted the funds to his personal use.
To conceal the offence, he unlawfully wrote off settled debtors as bad debts without authorisation from the Credit Manager or the Accountant.
Additionally, he allegedly used prepayments from customers to cover the stolen funds.
The offence came to light in November last year during an internal audit, which revealed that he had allegedly stolen a total of US$37,039 and nothing was recovered.
Lawrence Gangarahwe appeared for the State.
