Home » Legal and Judicial Affairs » Zanu-PF Youth League Director in Court

ZANU-PF Youth League director Tapiwa Zengeya and Lasch Enterprises (Pvt Ltd) bosses appeared in court yesterday charged with fraud and money laundering after they allegedly swindled 120 farmers of over US$27 497,07 through a dubious farming input scheme.

Zengeya (48), Evans Simbarashe Zininga (34), Patience Chipere (38), Christopher Tegwe (46), Fungai Mudondo (38), Shiella Taderera (40), Stephene Mapfumo (43) and Charles Mashumba (46) are alleged to have used the money to buy personal vehicles.

They appeared before Mr Milton Serima. They were granted US$500 bail each and ordered to surrender their passports and to report to CID Serious Frauds three times a week.

The group is being represented by Mr Admire Rubaya, Mr Tafadzwa Hungwe, Ms Auxillia Mangwaira, Mr Everesto Matiza and Mr Richard Masinire.

Prosecutor Miss Sharon Mashavira alleges that sometime in July, Lasch officials and accomplices still at large, Nelson Mahupete and Christina Madakudya formed a joint venture with the Zanu-PF Youth League purportedly for the supply of agricultural inputs like fertiliser, seed and chemicals to A1 farmers on credit.

The complainants were made to fill in loan application forms bearing Lasch Enterprises (Pvt Ltd) and Zanu-PF Youth League logos.

The group recruited district co-ordinators who mobilised complainants to pay US$36 as joining fee, US$29,60 per hectare as insurance fee and US$5 Arex fee which was payable direct to Arex offices.

The complainants were directed to deposit the joining and insurance fees into Lasch’s CBZ bank account.

It is alleged that the insurance fee varied in line with the number of hectares required by the farmer and the loan was to be recovered from the complainant’s respective GMB account after harvest.

Between July 17 and December 11, the complainants made several deposits into the company’s bank account.

They presented the bank deposit slips to their designated co-ordinators who issued them with Lasch and Zanu-PF Youth League receipts.

The court heard that US$1 010 996,10 was deposited into Lasch’s bank account, but only US$587,44 reflected in the account as of December 16.

The State is alleging that the gang withdrew the funds and bought vehicles.

When the complainants approached Lasch in November to facilitate delivery of their inputs, they failed.

The matter was reported to the police leading to the gang’s arrest.

According to the State, the 120 complainants have been prejudiced of US$27 497, 07 for now and nothing was recovered.

It was not clear from the court papers how many farmers received inputs under the scheme.

Source : The Herald

Archives