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Fungai Jachi Court Reporter
BancABC recently lost $70 000 to a teller who fraudulently inflated cash withdrawn by the bank’s client.
Tawanda Nzuma (28) of Kambuzuma 2 in Harare allegedly withdrew the money and lent it to a colleague.
Nzuma denied the charges when he appeared before Mbare magistrate Ms Bianca Makwande on Monday charged with fraud.
Ms Makwande remanded him to June 11 for trial on $300 bail.
The prosecutor, Ms Revai Mudozori, alleged that on May 26, a farmer went to BancABC to withdraw money on a Boka Tobacco Auction Floors cheque with a face value of $7 208.
It is the State’s case that Nzuma gave the farmer the $7 208, but later took $70 000 from his cash at hand and gave it to an alleged colleague John Kangai.
He went on to indicate that the $70 000 had been withdrawn by the farmer.
The court heard that Nzuma entered the cheque amount into the computer system as $77 208, instead of $7 208 as indicated by his teller’s transaction report which he did on May 27 to cover up for the $70 000 he had taken from the bank.
It is further alleged that on May 29, Nzuma did another teller’s transaction report which showed that he had done a reversal in which he debited $77 208 from the BancABC account and credited it to the Boka Tobacco Auction Floors account.
The court heard that the bank manager discovered the shortage and Nzuma was asked to write a report explaining the anomaly.
In the report, Nzuma admitted to withdrawing the money and lending it to Kangai.
Online Reporter