HARARE – Two directors of Hilmax Engineering (Pvt) Ltd have been arrested for allegedly defrauding the Zimbabwe Revenue Authority (ZIMRA) of ZAR 10.7 million through forged import documents, the Zimbabwe Anti-Corruption Commission (ZACC) said Tuesday.
Operations Director Rugare Murwira, 59, and Finance Director Patrick Musavaya, 57, face seven counts of fraud and violating the Exchange Control Act.
The two allegedly submitted falsified Bills of Entry to Stanbic Bank between January 2021 and March 2022 to secure foreign currency for purported imports from South Africa that never materialized. Investigators found they used or backdated documents assigned to other firms and fabricated release orders to cover up the scheme, ZACC said.
Murwira and Musavaya are expected to appear at Harare Magistrates Court on Feb. 5 to answer the charges.