Breaking News

Solomon Mujuru's nephew cleared of fraud

by Staff reporter
23 January 2013 | 4081 Views
Tendayi Mundawarara, the NMB Bank chairperson and nephew of the late Solomon Mujuru, is a free man after the State has dropped charges against him for allegedly swindling a Dubai jewellery company of $430 000.

The young businessman had been accused of duping Kalotti Jewellery (Kalotti) of cash under an 8,5kg of gold exchange deal.

Although Mundawarara had been charged with Trynos Nkomo, president of the Zimbabwe Minerals Federation, Harare magistrate Tendai Mahwe freed him after it was successfully established that he was not part of the commercial arrangement.

Under the State's case, Mundawarara's Beaver Mining had allegedly entered into an agreement with Kalotti for the gold export deal and had even worked with Nkomo to open an account with his bank.




Subsequently, the ex-Ukubambana Kubatana Investments boss allegedly instructed Kalotti to deposit nearly half-a-million dollars in the local accounts, with Nkomo withdrawing the money, but the Middle Eastern-based firm suffered a prejudice of $280 000 as only 3,5kg gold was recovered, State papers say.

Meanwhile, Nkomo - who is yet to be cleared on the charges - will be back in court next week Monday.

Mujuru Nephew Fraud

Source: dailynews

Are housemaids an evil lot?

Yes
26.97%
No
64.32%
Not sure
8.71%
482

Comments

News Updates

Email:

Latest News

Willowvale Mazda Motor Industries to close down - THE Industrial Devel...

by Staff Reporter | 20 December 2014 | 260 Views

Zanu-PF to revisit all pending disciplinary cases - Mujuru, Mutasa in ...

by Staff Reporter | 20 December 2014 | 377 Views

Chinamasa clueless

by Staff Reporter | 20 December 2014 | 566 Views

Zimbabwe defends sale of elephants - ZIMBABWE has defended the sale of...

by Staff Reporter | 20 December 2014 | 369 Views

Court protects self-confessed prostitute from pimp boyfriend

by Staff Reporter | 20 December 2014 | 492 Views

Dr Debangwa to join Mujuru 'to prevent' Zanu PF dictatorship he said -...

by Wilbert Mukori | 20 December 2014 | 828 Views

Mugabe, A Sometimes Necessary Demon!!!

by Ryton Dzimiri | 20 December 2014 | 1105 Views

Outrage over Zimondi's 18-year jail sentence - The imposition of an 1...

by Court Reporter | 20 December 2014 | 2851 Views

Dabengwa calls Obert Mpofu bare-faced liar

by Staff Reporter | 19 December 2014 | 3817 Views

Mnangagwa threatens merciless crackdown on Mujuru/allies - ACTING Pres...

by Staff Reporter | 19 December 2014 | 3999 Views

Dabengwa joins forces with Mujuru - ZAPU leader Dr Dumiso Dabengwa has...

by Staff Reporter | 19 December 2014 | 5284 Views

Gukurahundi Western Conspiracy, VP P. Mphoko responds

by Vice President Phelekezela Mphoko | 19 December 2014 | 3532 Views

'Zanu-PF won't survive without Mujuru'

by Staff Reporter | 19 December 2014 | 2758 Views

Chinotimba wins human rights award

by Staff Reporter | 19 December 2014 | 1195 Views

Bellevue Spar Operating an illigal extortionous Grocery Credit Scheem

by Byo Resident | 19 December 2014 | 1473 Views

'Tshova Mubaiwa, a welcome gesture in Pumula South' - Please note that...

by Bulawayo Resident | 19 December 2014 | 1378 Views

Uhuru Kenyatta signs controversial anti-terror bill

by Staff Reporter | 19 December 2014 | 898 Views

Mugabe promotes 32 army officers - President Robert Mugabe has promote...

by Staff Reporter | 19 December 2014 | 2699 Views

Chicken slice apology

by Staff Reporter | 19 December 2014 | 2693 Views

Zanu-PF fraudsters in court

by Staff Reporter | 19 December 2014 | 1590 Views

VP Mphoko, Sir: Please - please fill in the gaps! - Thank you for putt...

by Casper Dube | 19 December 2014 | 1760 Views

Newborn baby girl dumped in rubbish bin, 'eaten alive' by ants

by Staff Reporter | 19 December 2014 | 2661 Views

Road to unity, not a one day event says VP Mphoko - Newly appointed Vi...

by Staff Reporter | 19 December 2014 | 1475 Views

Four people killed in a gas explosion in Matobo - Four people, all mem...

by Staff Reporter | 19 December 2014 | 2555 Views

Snake 'jumps' out of parked car

by Ndou Paul | 19 December 2014 | 6033 Views

Floods displace five families

by Staff Reporter | 19 December 2014 | 1641 Views

Entertainment

Visually impaired singer gets early Christmas present

by Staff Reporter | 19 December 2014 | 879 Views

Tuku fails to secure seat on Air Zimbabwe

by Staff Reporter | 19 December 2014 | 2143 Views

Mafikizolo jets into Zimbabwe today

by Brenda Phiri | 19 December 2014 | 1195 Views

Sony cancels US release of movie about plot to kill North Korean leader

by Staff Reporter | 18 December 2014 | 1720 Views

Designer sale off 2014

by Hunnar Agency | 18 December 2014 | 2262 Views

10 Zim designers to feature in iFashion Fest 2014

by Hunnar Management Agency | 18 December 2014 | 2090 Views

Kunonga releases fourth album, Kwedu - AFRO-JAZZ singer Victor Kunong...

by Staff Reporter | 18 December 2014 | 715 Views

Ibumba roars into life with Tuku expected to headline the event - THE ...

by Simbarashe Mutizwa | 16 December 2014 | 1274 Views
iBlog

Advanced Systemcare Free To Optimize The Os Still Support Xp

the update systemcare free 7.3.0.456 (a set of tools to optimize the operating system) – now available.advanced systemcare is a free package to optimize, tweak, fix bugs and improve the overall performance of the operating system.the program anal... Read More
ITnews 02 June 2014 ago

Auslogics Boostspeed 7 - More Powerful And User-friendly Than Ever

Auslogics boostspeed 7 - more powerful and user-friendly than ever!wondering how to fix slow computer performance? experts recommend auslogics boostspeed 7 - the most comprehensive system optimization software! auslogics boostspeed 7 is here!the bran... Read More
ITnews 26 August 2014 ago