Chuyển đến nội dung chính

Mupfumira re-arr3st3d on fresh charges

The two appeared before Harare magistrate Hosea Mujaya who released them on the same bail conditions they were given at the High court and were remanded to October 22.It is the State’s case that sometime in 2013,

MetBank defaulted in paying back US$25,3 million investment loan maturity to the National Social Security Authority that was secured with properties worth around US$32 million.As a result of the default, NSSA allegedly classified MetBank as a high risk client that was not worth trading with and in December 2014, Mupfumira was appointed Public Service,


Labour and Social Welfare minister.On December 15, five days after her appointment, she held a meeting with MetBank officials Ozias Bvute, Enoch Kamushinda and Belmont Ndebele at the ministry offices where no minutes were recorded.It is alleged that on December 16, 2014, Mupfumira and Masoka held another meeting with then NSSA general manager James Matiza and the MetBank officials at the ministry offices.


Mupfumira allegedly instructed NSSA to financially bail out MetBank to the tune of $15 million as it was facing liquidity challenges.NSSA, however, declined the proposal since MetBank had previously defaulted in a US$25,3 million loan advance.Mupfumira then disregarded all that and went to give Matiza instructions to seriously consider MetBank’s loan request and process a loan of US$15 million to settle the bank’s US$5 million depositors credit and US$10 million for use in housing projects and bring feedback the following day.It is alleged that no minutes of the meeting were recorded.

NSSA resolved to decline the US$15 million loan request after considering MetBank’s risk status.However, Mupfumira and Masoka forced NSSA to purchase MetBank properties worth US$4 908 050 that they had not intended to purchase and after purchase of the properties.and NSSA had transferred the money into MetBank account Mupfumira then received $44 600 from MetBank through her company Beautyview Investments (Pvt) Ltd, where she is a director and her children.

When Mupfumira received the US$44 600, she was aware that the deposits were proceeds of crime and that they were meant to disguise the true nature, source and location and disposition or ownership with respect to the money.All the money was used to offset a negative balance on her company account of US$39 777,14.The State further alleges that sometime in July 2015,

 Mupfumira and Masoka unlawfully caused purchase of a Toyota Land Cruiser VX-L 200 series from Croco Motors using US$90 000 corruptly obtained from NSSA on June 2, 2017.She directed her ministry’s finance director Memory Mukondomi to write a letter to CMED misrepresenting that the vehicle bought using NSSA funds was a NSSA vehicle inferring that it would be taken back as it was appearing in NSSA audited financial statements.As a result of the misrepresentation,

Nhận xét

Đăng nhận xét

Bài đăng phổ biến từ blog này

Prince William and Kate Middleton s anxiety over horrendous revelation

Prince William and Kate Middleton are believed to be “extremely concerned” for the wellbeing and safety of frontline health workers battling the coronavirus pandemic.Speaking on the Royal Rota podcast, ITV News Royal Editor Chris Ship and producer Lizzie Robinson revealed how Wills and Kate were confronted with the grim reality of COVID-19."On April 1, William and Kate spoke to staff at two hospitals, including the Queen's Hospital in Burton which is where sadly the first confirmed hospital frontline worker died from coronavirus,” Lizzie told listeners.Before the UK was plunged into lockdown, Kate and Prince William reportedly visited an NHS centre in south London to show their support for frontline workers. However, when confronted with the horrendous reality of the coronavirus crisis, the Duke and Duchess of Cambridge were left feeling extremely concerned.On the Royal Rota podcast, ITV News Royal Editor Chris Ship and Producer Lizzie Robinson spoke about how the roy...
Đăng nhận xét
Đọc thêm

Royal nightmare Meghan Markle and Angelina Jolie's secret Hollywood plot exposed

After relocating to Los Angeles, Meghan Markle has immediately set the wheels in motion for.a Hollywood comeback – and she’s hoping to enlist high-profile pals such as Angelina Jolie and Tom Cruise to make her dreams come true.According to a Hollywood insider, Meghan, 38, has set her sights on having Ange as a mentor.“It’s an open secret Meghan’s aspired to be like Ange for many years, just like she’s so in awe of Princess Diana.”.Meghan is said to be impressed by Angelina’s ability to combine a celebrity profile with humanitarian endeavours, just as Meghan’s late mother-in-law did.“Meghan has so much respect for Ange and everything she’s achieved on a personal level as well.as professionally,” the source tells New Idea. Her work for good causes and the UN speaks for itself, but Meghan marvels at how Angelina’s managed to balance this with a thriving box office career and raising six kids,” the source says.The previous Duke and Duchess of Sussex, Meghan Markle and Prince Ha...
Đăng nhận xét
Đọc thêm

Camilla's health announcement amid coronavirus hell

Camilla, Duchess of Cornwall has been reunited with Prince Charles, after quarantining herself for 14 days in the wake of the British heir's COVID-19 diagnosis. The couple have been self isolating at their Scottish home in Birkhall, while Charles' mother Queen Elizabeth II has moved to Windsor Castle with Prince Philip, for their own protection..Charles opened up about the affects of self-isolating, before opening a new hospital via video link.'As we are all learning, this is a strange, frustrating, often distressing experience, when the presence of family and friends is no longer possible, and the normal structure of lives are suddenly removed.Of his own experience with coronavirus, he added: 'To convert one of the largest national conference centres into a field hospital starting with 500 beds and with a potential of 4,000 is, quite frankly, incredible.'Now I was one of the lucky ones to have COVID-19 relatively mildly.The couple have been self isolating at...
Đăng nhận xét
Đọc thêm