News / Local
Two FBC Bank managers in court for fraud
26 Jun 2013 at 21:49hrs | Views
TWO managers employed by FBC Bank have appeared in court for teaming up and allegedly forging pay slips to facilitate the illegal issuing of loans amounting to $17 500 in return for kickbacks.
Nqobile Bhebhe (32), a credit manager working at the FBC Bank's Harare branch and residing at Manresa Township, Chikurubi and Lorraine Nonsikelelo Moyo (26), a customer services manager at the Bulawayo branch and residing at Romney Park were not asked to plead to fraud and forgery as defined in section 137 (2) of the Criminal Law (Reform and Codification) Act, Chapter 9:23 when they appeared before Bulawayo magistrate, Mr Crispen Mberewere on Tuesday.
They were remanded to 22 July on $100 bail each. The prosecutor, Mr Jerry Mutsindikwa, said between 28 November last year and March this year, Bhebhe and Moyo connived to process salary based loans for clients who did not have monthly salaries.
The court was told that the two accused persons were approached by three unemployed clients who wanted to apply for loans.
Bhebhe and Moyo then allegedly connived and they forged pay slips and letters purporting that the three clients were employed.
The three clients completed the loan application forms and submitted them to Moyo who processed them.
Soon after receiving the loans, the trio allegedly gave Bhebhe and Moyo $800 as a kickback for their efforts.
Investigations by the bank's top management led to the discovery of the alleged offence.
A report was made to the police leading to the arrest of Bhebhe and Moyo.
Nqobile Bhebhe (32), a credit manager working at the FBC Bank's Harare branch and residing at Manresa Township, Chikurubi and Lorraine Nonsikelelo Moyo (26), a customer services manager at the Bulawayo branch and residing at Romney Park were not asked to plead to fraud and forgery as defined in section 137 (2) of the Criminal Law (Reform and Codification) Act, Chapter 9:23 when they appeared before Bulawayo magistrate, Mr Crispen Mberewere on Tuesday.
They were remanded to 22 July on $100 bail each. The prosecutor, Mr Jerry Mutsindikwa, said between 28 November last year and March this year, Bhebhe and Moyo connived to process salary based loans for clients who did not have monthly salaries.
The court was told that the two accused persons were approached by three unemployed clients who wanted to apply for loans.
Bhebhe and Moyo then allegedly connived and they forged pay slips and letters purporting that the three clients were employed.
The three clients completed the loan application forms and submitted them to Moyo who processed them.
Soon after receiving the loans, the trio allegedly gave Bhebhe and Moyo $800 as a kickback for their efforts.
Investigations by the bank's top management led to the discovery of the alleged offence.
A report was made to the police leading to the arrest of Bhebhe and Moyo.
Source - Chronicle
