Simbarashe Zvineyi

On several occasions, Muvandi, who escaped to South Africa, using his position and influence, would misrepresent that there were classified operations to be carried out and allegedly instructed the chief accountant, Lameck Jackson, to deposit funds into Zvineyi’s accounts in NMB Bank, CBZ, CABS and Steward Bank, using Zvineyi’s vendor number.

There were no such classified operations to be conducted

Acting on the misrepresentation, Jackson transferred into Zvineyi’s bank accounts money ranging from US$40 000 to US$66 000 during the decade. Zvineyi and Muvandi would then allegedly share the loot.

From investigations carried out so far, the Ministry of Defence has suffered prejudice of US$20 million and only four vehicles have been recovered.

On his second count, Zvineyi, during the same period and acting in connivance with Muvandi and after they allegedly defrauded the Ministry of Defence, reportedly laundered the proceeds of the offence by acquiring properties, which include more than 25 taxis, a Jeep Wrangler, an Isuzu KB300, a Honda Fit and a Toyota Vitz.

He also allegedly bought houses in Tynwald, Aspindale, Avonlea and Borrowdale. Muvandi also allegedly acquired various properties some of which were recovered.^[1]

Simbarashe Zvineyi was denied bail by Harare magistrate Mr Francis Mapfumo, who strongly believed he was likely to abscond trial.

In denying Zvineyi bail, the court also considered that there was overwhelming evidence against him, which might induce him to flee the jurisdiction of the court.^[2]

References