ZACC Arrests Auctioneer for Misappropriating US$133,000 NetOne Funds


Crimes and Courts Correspondent

HARARE — The Zimbabwe Anti-Corruption Commission (ZACC) has arrested Jeffrey Mubaiwa, managing director of JEFFM AUCTIONS (Pvt) Ltd, on charges of theft of trust property.

Authorities allege that Mubaiwa was hired by state-owned NetOne (Pvt) Ltd to auction obsolete equipment, furniture, and vehicles, raising $172,204 during the July 13 auction. However,

“Mubaiwa was required to remit the proceeds within 48 hours but allegedly deposited only US$39,000, keeping US$133,204 for personal use.”

Mubaiwa appeared in the Harare Magistrates’ Court and was released on US$100 bail. He is set to return to court on Nov. 5.

Masvingo Police Hunt for Suspects in Ngundu Armed Robbery

MASVINGO — Police in Masvingo are investigating an armed robbery in Ngundu where four gunmen stole over US$46,000 and nearly 1 million South African rand from a money transfer outlet.

The incident occurred on Nov. 25 when the suspects, armed with pistols, intercepted a teller on his way home after work. They forced him back into the shop, compelled him to open the safe, and fled with US$46,349 and ZAR 924,100 in cash.

Authorities have urged anyone with information to report to their nearest police station as investigations continue.

Local Government Official Arrested for Extortion Over Land Deal

HARARE — The Zimbabwe Anti-Corruption Commission (ZACC) has arrested Everest Nyamadzawo, an official in the Ministry of Local Government and Public Works, on extortion charges involving residential stands valued at more than US$300,000.

Nyamadzawo, 39, allegedly demanded eight residential stands from Cabletron Enterprises in exchange for expediting paperwork for compensation linked to 30,773 hectares of land owed to the company.

ZACC stated that despite Ministerial approval for the compensation,

“Nyamadzawo and accomplices allegedly delayed processing the documents to coerce Cabletron Enterprises into meeting their demands.”

He appeared in the Harare Magistrates’ Court, where he was released on US$100 bail.

His case has been remanded to Feb. 12, 2025.

Zim GBC News©2024

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