First Mutual Life accounts clerk in court for frau...

First Mutual Life accounts clerk in court for fraud

Michael Mashiri

A First Mutual Life Assurance accounts clerk has appeared in court facing fraud allegations.

Tawanda Migeri, 29, of Seke, Chitungwiza, appeared before magistrate Munashe Chibanda at the Harare Magistrates’ Courts facing fraud allegations.

He was ordered to deposit US$200 and will appear in court on February 22.

The complainant in this matter is First Mutual Life Assurance Company being represented by its senior accountant, Desmond Tonderai Makoni, 31.

The State, through prosecutor Rufaro Chonzi, alleges that sometime in July 2023, Migeri intercepted legitimate transactions and changed bank account details when uploading payments to the bank payment system and diverted them to his personal accounts.

It is alleged that from July 21, 2023, to January 3, 2024, Migeri transferred US$4 414 from First Mutual Life Assurance Company’s Standard Chartered Bank Nostro account into his own MBCA Bank foreign currency account.

The State alleges that Migeri also transferred ZW$26 348 544 from First Mutual Life Assurance Company’s Standard Chartered Bank RTGS account into his MBCA Bank RTGS account.

It is alleged that on January 9, 2024, First Mutual Life Assurance Company’s Standard Chartered Bank carried out monthly bank spot checks in which it sampled transactions and assessed their completeness.

The Bank then discovered the offence and made a report to the police.

As a result, US$4 414.49 and ZW$26 348 544-30 and nothing was recovered.