Published: 12 July 2017

The Zimbabwe National Roads Administration (ZINARA) finance director, Simon Mudzingwa Taranhike and finance manager, Shadreck Matengabadza were arraigned before the court on criminal abuse of office charges stemming from swindling the authority of US$300 000.

According to state prosecutor Linda Gadzikwa, on 23 May this year without authority from their principal and acting in connivance with directors of Grayriver Private Limited Munyaradzi Paraiwa and Magaisa Sobuzani transferred US$300 000 on the pretext that the payment was a reimbursement to Grayriver‘s sister company, Solarwatts.

The company allegedly paid US$250 000 to DBSA as part payment of ZINARA's loan obligation.

On the 24th of May, Grayriver allegedly made transfers worth US$130 000 to Albert Fungayi Muzambi, Honest Kugotsi, Willo Mackenzie, Chandler Moyo, while finance manager's wife Chemusiya Matengabadza received US$2 500 from the US$300 000.

The two were granted US$500 bail each by Harare magistrate Nomsa Sabarauta.

- zbc

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