Econet loses $320 000 airtime

On February 28 this year, Mhembere was entrusted by his employer to sell recharge cards worth $325 512.

Mhembere is alleged to have sold the airtime and converted the money to his own use. On March 17 a spot check was conducted by a retail accountant, Tafirenyika Chimbende at the shop who discovered the anomaly.

It is alleged Chimbende realised that Mhembere had a stock shortfall of $325 512 worth of recharge cards.

When Mhembere was advised of the shortfall, he reportedly misrepresented that he had given a cash-in-transit crew the money for banking.

In a bid to cover up the offence, Mhembere posted fictitious entries into the Oracle Internal accounting system of the company purporting that he had banked $325 512 on that day.   

Investigations were made at Econet Wireless' CABS account in Norton and it was discovered that the money had not been banked.