News / National
ZBC senior marketing executive faces fraud charges
16 Jan 2012 at 08:48hrs | Views
The trial of former ZBC senior marketing executive, Stanley Musendo, and Harare lawyer, Tapiwa Givemore Kasuso, on charges of allegedly defrauding the Libyan government of property worth more than $4 million opened at the Harare Magistrates Court on Thursday.
They pleaded not guilty when they appeared before regional magistrate Fadzai Mthombeni.
Libyan government invested in Zimbabwe's transport and property sectors and formed a company called Crieff Investments and was later changed to Aldawila Investments.
It is alleged the company bought 12 haulage trucks and 10 garden flats at Clamound Court in Avondale under the management of Khaled Alhachi Othman who was later replaced by Jalaledin Ghunim.
Musendo, the MD of PMC Marketing, was then allegedly tasked to manage the transport business and the flats when the complainant, Othman, fell sick and left for Libya in 2008.
It is alleged Musendo connived with Aldawila Investments lawyer, Kasuso, to draft a fake lease agreement dated November 17, 2008, which authorised the two to take over the properties. They allegedly disposed of some of the properties.
In his defence, Musendo told the court through his lawyer Wellington Pasipanodya, he entered into a verbal agreement with Othman, which was later reduced to writing for his company, PMC Marketing to take over Aldawila Investment as a going concern The trial continues on February 1.
They pleaded not guilty when they appeared before regional magistrate Fadzai Mthombeni.
Libyan government invested in Zimbabwe's transport and property sectors and formed a company called Crieff Investments and was later changed to Aldawila Investments.
It is alleged the company bought 12 haulage trucks and 10 garden flats at Clamound Court in Avondale under the management of Khaled Alhachi Othman who was later replaced by Jalaledin Ghunim.
Musendo, the MD of PMC Marketing, was then allegedly tasked to manage the transport business and the flats when the complainant, Othman, fell sick and left for Libya in 2008.
It is alleged Musendo connived with Aldawila Investments lawyer, Kasuso, to draft a fake lease agreement dated November 17, 2008, which authorised the two to take over the properties. They allegedly disposed of some of the properties.
In his defence, Musendo told the court through his lawyer Wellington Pasipanodya, he entered into a verbal agreement with Othman, which was later reduced to writing for his company, PMC Marketing to take over Aldawila Investment as a going concern The trial continues on February 1.
Source - ND
