Lafarge Cement Zimbabwe allegedly lost 1 503 tonnes of cement worth about $350 000 to Building Centre in a botched storage deal. Candellar Investments (Pvt) Ltd trading as Building Centre and its director, Saim Sirdar (29), appeared before Harare magistrate Mr Lazini Ncube facing theft of trust property charges and Sirdar was remanded to January 17, 2017 on $200 bail.
The complainant is Lafarge Cement Zimbabwe Limited, represented by its tax and accounting manager Mr Rindai Chitonho. The prosecutor, Mr Nyikadzino Machingura, alleged that on February 4, 2014, Sirdar agreed to store cement on behalf of Lafarge at No. 43 Birmingham Road, Southerton in Harare. They agreed that Building Centre would separate Lafarge cement from its stock and shall only withdraw from its stock after receipt of an invoice.
It is alleged that between December 2015 and June 2016, Lafarge delivered 13 501 tonnes of cement to Building Centre. In June this year Lafarge officials went to Building Centre warehouse for a routine check and noticed irregularities in the quantity.
More: Herald
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