Air Force of Zimbabwe operations officer Arnold Lethale Pullen appeared before Harare magistrate Edwin Marecha facing fraud charges. This comes after his bank, Central African Building Society (CABS) mistakenly credited his account with $230 000 in September last year. Pullen allegedly transferred the money to his friends and family’s accounts before asking them to transfer the money to his Steward Bank account. The error was discovered when the bank was carrying out a system upgrade.
Pullen was remanded in custody pending his bail hearing. A few weeks back, a student nurse was sentenced to twelve years in prison after he spent $54 000 which had been mistakenly credited into his account by the same bank.
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The Air Force of Zimbabwe is the aviation wing of the Zimbabwe Defence Forces. Its current commander is Air Marshal Elson Moyo who took over from Retired Air Chief Marshall Perrance Shiri who was appointed Minister of Lands, Agriculture and Rural Resettlement by President Emmerson... Read More About Air Force of Zimbabwe
CABS (formerly Central African Building Society) is a building society in Zimbabwe. CABS is a subsidiary of Old Mutual Zimbabwe Limited, Zimbabwe's largest life assurance organization. Old Mutual Zimbabwe is in turn a subsidiary of Old Mutual PLC - an international financial services conglomerate. The... Read More About CABS
Steward Bank, is a commercial bank registered and trading in Zimbabwe. The bank is a subsidiary of the Econet Wireless Zimbabwe. It was founded in 2001 by Tawanda Nyambirai as TN Bank. Read More About Steward Bank