MINING FIRM IN FRAUD STORM

Zvikomborero Parafini

A MINING firm has been dragged to court after the company allegedly duped a client in a botched chrome deal.

E-Ways Freight and its director, Kudakwashe Zvinokora, appeared before magistrate Isheanesu Matova.

The complainant is Pheim Guti.

E-Ways Freight is a duly registered company in the business of mining, buying and selling minerals in Zimbabwe and exporting to other countries.

It is alleged that in August, Guti was looking for a business to invest in.

Zvinokora’s accomplice, who is still at large, told him that he was in the business of mining and exporting chrome.

He said Zvinokora had a company, E-Ways Freight, which had a licence to export some minerals in South Africa.

Acting on the misrepresentation, Guti decided to invest his money by paying US$20 000 to Zvinokora and his accomplices for the purpose of buying chrome in Zimbabwe and exporting to South Africa to resell for a profit margin of 100 percent.

On August 6, Guti paid a total of US$20 000 to E-Ways Freight and Zvinokora and was issued with a warrant of arrest.

The arrangement was that the company would pay the initial amount of US$20 000 and plus 100 percent profit in one week’s time from the date of receipt of the money.

After one week, Guti made a follow up with the Zvinokora’s accomplice but he was now being evasive and his whereabouts were unknown prompting him to file a police report.