PSMAS "gold heist" bosses get bail

Mike MashiriPremier Service Medical Aid Society CEO Farai Muchena and his three co-accused were granted bail by Harare Magistrate Stanford Mambanje yesterday.Muchena, group strategy and performance ex...

Monica Cheru Managing Editor

Published 6 May 2023 • 5:35 am

Updated 27 October 2026 • 12:47 am

Read time 5 min read

Tags #Zimbabwe #PSMAS #Farai Muchena #Gold scam

Mike Mashiri

Premier Service Medical Aid Society CEO Farai Muchena and his three co-accused were granted bail by Harare Magistrate Stanford Mambanje yesterday.

Muchena, group strategy and performance executive Victor Chaipa, company secretary Cosmas Mukwesha and performance manager Polite Mugwagwa are facing allegations of stealing US$702 386 from their employer.

https://zimbabwenow.co.zw/articles/3957/psmas-bosses-accused-of-us700-000-theft-through-gold-deals

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The quartet were ordered to surrender their passports.

Cecilia Alexander and Wellington Tutisa, who are also facing charges in the same case are spending the weekend in custody as their bail hearing was postponed to Monday.

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