Home LOCAL NEWS GMB Trio In Soup For Fraud

GMB Trio In Soup For Fraud

BUMPER HARVEST :GMB SILOS NOT FULL

GMB Trio In Soup For Fraud

Three Grain Marketing Board (GMB) officials accused of defrauding the parastatal of over $1 million face 8 new charges.

BUMPER HARVEST :GMB SILOS NOT FULL

Basilio Sandamu (64), the non-executive vice chairman of GMB and also the director of Romany Farm Pvt Ltd, and Taona Munzvandi (48), the chief executive officer of GMB Pension Fund, are jointly charged with Korbs Mutandiro (59), one of the directors of Romany Farm.

The three are facing fraud charges. The State wants to add eight more counts against them emanating from the fraud charge.

The trio allegedly swindled the parastatal of $1 070 000 in a State land deal. Mutandiro and Sandamu recently made an application for an exception, arguing that Romany Farm (Pvt) Ltd must be held liable and not them. The application was dismissed by regional magistrate Ms Lucy Mungwari yesterday.

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