The Zimbabwe Anti-Corruption Commission has arrested the board chairperson of the Tobacco Industry Marketing Board, Patrick Devenish and former chief executive officer, Meanwell Gudu for fraud.
Devenish and Gudu have appeared at Harare Magistrate Court. They were remanded in custody.
Allegations against the two are that sometime in May 2021, they fraudulently advanced a loan facility of US$494 873.00 to Ultime Accolade Private Limited without the knowledge of other TIMB board members and a board resolution.
