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Home Crime and Courts

Fomer RBZ advisor’s case postponed

April 17, 2024
0
Two CCC candidates granted $50 000 bail each

The former Zanu PF Bikita West legislator and adviser to the Reserve Bank of Zimbabwe governor, Munyaradzi Kereke, was yesterday appeared in court over a US$400k fraud case.

Kereke appeared before Harare magistrate Donald Ndirowei, who deferred the matter to June 5 for allocation of trial date.

The former law maker is being charged together with suspended Harare Municipal Medical Aid Society (HMMAS) chief executive officer Everisto Rukasha.

Allegations are that sometime in early 2014, Rukasha and Kereke agreed to enter into an agreement, whereby the latter would sell his immovable property, Fortress Hospital to HMMAS.

Kereke then appointed Newton Madzika, the managing director of Health Body Images (Pvt) Ltd, to conduct the transaction on his behalf.

On November 7, 2014, HMMAS met its obligation by paying the full purchase price of US$800 000.

On March 18, 2022, Kereke connived with Rukasha and wrote to HMMAS misrepresenting that the latter still owed him US$400 000.

As a result, HMMAS authorised payment towards the liquidation of the fraudulently-generated debt.

Source Newsday

Tags: Everisto RukashafraudMunyaradzi Kereke

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