News / National
Prominent ZTV personality arrested for fraud
05 Mar 2012 at 06:45hrs | Views
A senior ZBC manager and prominent television personality was on Friday arrested on allegations of defrauding the state broadcaster's credit scheme of almost $100 000.
The unnamed manager allegedly withdrew money for the credit scheme which is exclusively for top managers, on the pretext that he would "spin" it, make more money and share the interest with colleagues.
He is said to have used part of the money to buy gold, which unfortunately turned to be fake. He then failed to pay back the money he had been lent, leading to some of the managers reporting the matter to the police.
It has also been disclosed that the senior manager was last week admitted at a hospital in the Avenues, after he allegedly attempted to commit suicide.
The unnamed manager allegedly withdrew money for the credit scheme which is exclusively for top managers, on the pretext that he would "spin" it, make more money and share the interest with colleagues.
He is said to have used part of the money to buy gold, which unfortunately turned to be fake. He then failed to pay back the money he had been lent, leading to some of the managers reporting the matter to the police.
It has also been disclosed that the senior manager was last week admitted at a hospital in the Avenues, after he allegedly attempted to commit suicide.
Source - Standard
