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Dinson loses US$80k in payroll scam

Zim Now WriterDinson Iron and Steel Company accountant, Nigel Nhamo, 33, who is employed by the Dinson Iron and Steel Company in Manhize, Mvuma was arraigned before the Mvuma Magistrates’ Court facing...

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Eddie Zvinonzwa Contributor
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Published 7 May 2024 • 2:31 pm
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Updated 27 October 2026 • 7:44 am
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Read time 5 min read
Tags #Zimbabwe #Felony & Justice #Theft #US$80k #Dinson Steel

Zim Now Writer

Dinson Iron and Steel Company accountant, Nigel Nhamo, 33, who is employed by the Dinson Iron and Steel Company in Manhize, Mvuma was arraigned before the Mvuma Magistrates’ Court facing theft charges.

The State alleges that between July 2023 and April 2024, the accused person who is the company accountant altered the payroll and time sheets consolidated by the Human Resources Department by deducting various amounts of money from different individual employee accounts.

According to the National Prosecuting Authority, would forward the payroll with alterations to the bank and then instruct the bank to transfer the variances collected from individual employees to his personal bank accounts.

The total amount stolen is US$80 000.

Eddie Zvinonzwa

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