New Zimbabwe.com

Harare duo nabbed over $200,000 fraud

By Court Reporter


A HARARE man and woman are in trouble after they allegedly fleeced a local company of US$85,927 and 95,000 Rands in a botched commodity broking deal.

Euginia Mushanyu, 54, and Charles Kalasawo, 43, recently appeared before Harare magistrate Milton Serima facing fraud charges.

They were remanded out of custody on $200 bail each and will be back in court on September 13 for trial.

The complainant in the case is First Tower Private Limited, a company represented by one of the directors Remember Ndou.

Prosecuting, Sebastian Mutizirwa alleged that sometime in July 2018, Mushanyu met the directors of First Tower and learnt that the company was in the business of commodity broking and wanted to purchase motor bikes in South Africa.

Mushanyu then contacted Kalasawo and the duo reportedly hatched a plan to defraud the company.

On July 11, Mushanyu approached Ndou and Roy Muleya, the directors of First Tower and misinterpreted that she could facilitate payment of any imports that the company wanted to make.

Court heard that First Tower wanted to purchase four Kawasaki GT 1400 motorbikes in South Africa.

As a result, the directors set up a meeting with Mushanyu and Kalasawo and discussed the deal with Mushanyu introducing Kalasawo as her uncle and business partner.

The directors agreed that Mushanyu would send money for the bikes to South Africa in Rands and, in turn would receive the United States dollars equivalent from First Tower.

On July 12, Ndou allegedly transferred US$78,223 into Mushanyu’s bank account and US$7,703 into Kalasawo’s count.

The two accused were supposed to transfer R800,000 into Muleya’s account by July 16.

However, the duo allegedly failed to do so and, instead, became evasive until July 25 when R500 was transferred into Muleya’s account through an automated teller machine (ATM).

Since then, nothing has been paid by Mushanyu or Muleya.

Ndou reported the matter to the police leading to the duo’s arrest.