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Land Developer In Court For Illegally Selling Two Belvedere Stands

1 year agoThu, 13 Oct 2022 15:16:25 GMT
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Land Developer In Court For Illegally Selling Two Belvedere Stands

A land developer has appeared in court on allegations of duping the owner of Triplate Security Company of a Mercedes Benz worth US$43 000 in a botched sale of two residential stands in Harare.

Martin Kudakwashe Kambanja, the director of MS Resources which is into land development and construction, appeared at the Harare Magistrates Court charged with fraud, according to The Herald.

What happened:

The State alleges that sometime in June 2020, the owner of Triplate Security Company was told by one Ian Kudzayi Rusike that Kambanja was selling two residential stands in Belvedere measuring 1 500 square metres each.

The complainant approached Kambanja who allegedly showed him the two residential stands on the site plan which he had in his office before taking him to the physical location of the two residential stands.

Kambanja valued the stands at US$25 000 each.

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The Triplate Security Company director then offered Kambanja a Mercedes Benz E350 (AFD 8054) valued at USD$35 000 plus US$8 000 cash as payment for the two stands.

On June 8, 2020, the complainant allegedly handed Kambanja the Mercedes Benz E350 and US$8000 cash towards the purchase of the two stands.

Kambanja is alleged to have demanded an extra $200 000 saying it was for a certificate of completion for Harare City Council.

Triplate Security Company director discovered that he was duped after some verifications with the council where he was told that there were no stands on sale in that area.

Kambanja was not asked to plead to the charges and was released on $50 000 bail. He was remanded to December 12.

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