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Fresh Charges For GMB $1 Million Fraud Trio

5 years agoThu, 28 Feb 2019 02:23:03 GMT
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Fresh Charges For GMB $1 Million Fraud Trio

Grain Marketing Board (GMB) officials accused of defrauding the parastatal of over $1 million face 8 new charges.

Basilio Sandamu (64), the non-executive vice chairman of GMB and also the director of Romany Farm Pvt Ltd, and Taona Munzvandi (48), the chief executive officer of GMB Pension Fund, are jointly charged with Korbs Mutandiro (59), one of the directors of Romany Farm. The trio is facing one charge of fraud. The State wants to add eight more counts against them emanating from the fraud charge.

The trio allegedly swindled the parastatal of $1 070 000 in a State land deal. Mutandiro and Sandamu recently made an application for exception, arguing that Romany Farm (Pvt) Ltd must be held liable and not them. The application was dismissed by regional magistrate Ms Lucy Mungwari yesterday.

More: Herald

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