Four TM Supermarket senior managers were involved in a well orchestrated scam and allegedly defrauded their employer of over $1 million and are set to appear at the Harare magistrate court heard on Thursday.
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Taurai Madziwanzira (28) who is the branch manager for Marondera, Silas Munyoro (33) the branch manager far Kwekwe, Matanga (33) and Talkmore Mutsago (36) who are both accounts bookkeepers at the supermarket’s headquarters in Msasa, Harare will appear before the court on Thursday.
The quartet which is facing fraud charges will appear before Harare Magistrate Rumbidzai Mugwagwa for their bail application.
Prosecuting, Shepherd Makonde alleges that in 2018, the four hatched a plan to defraud TM Supermarket in connivance with other accused persons, Eria Mukono from Chinhoyi and Steven Muzambi from Kariba who are still at large.
The gang allegedly registered an Ecocash Merchant line in one Nyangwaira’s name.
During a period unknown to the State but in January, Mukono and Nuzambi transferred funds which they had realised from sales made by their respective branches to their registered Merchant account.
Mandiwanzira and Munyoro would send Ecocash Sales amounts less the amounts stolen to Mukono, Muzambi and Daison Mudakari who would then receive Ecocash Transaction reports from Econet Wireless Zimbabwe showing the actual sales figures made by the respective branches.
Mukono, Muzambi and Mudakari would then manipulate the reports to tally with the figures sent to them by their accomplices.
The manipulated amounts would then be sent to the finance manager for
banking while the gang shared the proceeds.
A total amount of $1 107 050 was lost.
