adminSenior Court Reporter
Former Kingstons Holdings chief executive Brian Sedze, who is facing charges of defrauding a petroleum company of more than US$19 000 using the name of the Ministry of Finance and Economic Development, was on Wednesday issued with an arrest warrant. Magistrate Mr Tendai Mahwe issued Sedze with the warrant after he failed to attend court.
Sedze’s name was called three times but the former executive made a no-show.
Prosecutor Mr Farai Gatsi alleges that in November 2013, Sedze, Christopher Kumisayi – who is already on remand – and an unidentified man hatched a plan to defraud Redan Petroleum.
The unidentified accomplice manufactured an identification document in the name of Wilfred Ndlovu.
It is alleged Sedze also manufactured a fake proof of payment which purported that the Finance Ministry had entrusted Ndlovu to collect coupons worth US$19 743 from Redan.
On November 6 last year Ndlovu allegedly went to Redan Tendeseka Park and tendered the fake proof of payment.
Acting upon the misrepresentation, Redan officials gave Ndlovu the coupons which he allegedly handed over to Sedze.
Sedze allegedly sold the coupons to fuel vendors.
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