happiness ChikwanhaIN yet another fraud case involving large sums of money, Trust Bank was allegedly defrauded of more than $300 million by one of its senior managers and a director of a Harare company.
The two yesterday appeared before a Harare magistrate’s court on allegations of stealing $322 million from the bank. Trust Bank central depot manager Arison Mahureva (25) and a director of MADS Enterprises Holdings Tapiwa Madzimure (29) were brought before magistrate Mr Mishrod Guvamombe on five counts of theft.
The two, who also face an alternative charge of money laundering, were remanded in custody to March 27 after their bail application was dismissed.
Presenting the State’s case, Mr Joseph Mabeza said between February 26 and March 8 this year, the two connived to steal from the bank. Mr Mabeza said Murahwa was stationed at Trust Bank Towers along Samora Machel Avenue when the offence was allegedly committed.- HR.
Online Reporter