admin
Midlands Correspondent
Police have launched a manhunt for a Gweru fraudster who allegedly vanished with over $300,000 he allegedly collected from Midlands State University as premiums to be paid to Nicoz Diamond as insurance for movable and immovable property.Stenford Ngoya was employed by Zimbabwe Insurance Brokers as a cashier and was responsible for collecting insurance money from Midlands State University on behalf of Nicoz Diamond.
Midlands police spokesperson Inspector Joel Goko, said Ngoya was facing 56 counts of fraud after he failed to remit $301,000 he collected from MSU to Nicoz Diamond.
“We are investigating a case of fraud in which a cashier employed by Zimbabwe Insurance Brokers vanished with $301,000 cash he was collecting from the company’s clients.
“It is alleged that the suspect was responsible for collecting cash from Midlands State University as premiums meant to be paid to Nicoz Diamond as insurance for movable and non-movable assets.
“It is alleged that Ngoya collected money amounting to $301,000 on 56 different occasions and failed to remit it to Nicoz Diamond,” he said.
Insp Goko said Ngoya was once hauled before a Gweru court and was released on bail before he disappeared.
“Ngoya failed to account for the money when Zimbabwe Insurance Brokers carried out an audit. He was arrested and appeared before the Gweru magistrate court and later disappeared resulting in the court issuing a warrant of arrest.
“We are appealing to members of the public who might have information on his whereabouts to report to the nearest police station,” he said.
derick.khumalo