BREAKING!

Date:

 Hiepeg convicted of US$60K fraud 

Tonderai Saharo

Prominent Masvingo businessman Naison Madyambwa has been found guilty of duping his Australian investor cum lover of US$60 000 in a mining claim deal.

Madyambwa who runs Hiepeg tyre services and other business ventures in and around Masvingo was convicted by Magistrate Elizabeth Hanzi on Thursday.

The businessman will be sentenced on Friday (tomorrow).

Hiepeg Tyres director, Naison Madyambwa who is accused of fleecing his Australian based ex-lover, US$60 000.

In convicting the businessman, Magistrate Hanzi said the state had proved beyond reasonable doubt that the businessman leveraged on the relationship with the Australian based investor Achidaishe  Mudzingwa that he was able to secure her a mining claim.

More details to follow…………….

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

ZIFA cites regulatory grounds for shocking Munetsi omission

Faith Ndou The Zimbabwe Football Association (ZIFA) has issued a...

Rehoboth holds Xmas party for PWDs

Faith Ndou MASVINGO-Rehoboth Light House Full Gospel Church, founded by...

ZRP launches festive season safety campaign in Masvingo

ROSELINE MUTARE MASVINGO-The Zimbabwe Republic Police (ZRP) has launched a...

Machakaire lauds graduates as future innovators

ROSELINE MUTARE MASVINGO-Minister of Youth, Empowerment, Development and Vocational Training,...