Flea mar­ket boss ‘steals’ $9,000

Chronicle (Zimbabwe) - - National News - Andile Tshuma

A MAN from Bu­l­awayo has ap­peared in court for al­legedly swin­dling an as­so­ci­a­tion which runs Unity Vil­lage Flea Mar­ket of more than $9 700.

Kennedy Chibva (39), the for­mer trea­surer of Masakhane Traders As­so­ci­a­tion which runs the flea mar­ket, ap­peared be­fore Bu­l­awayo mag­is­trate Mr Ti­nashe Tashaya fac­ing two counts of theft.

Chibva of Cow­dray Park sub­urb, pleaded not guilty and was re­manded out of cus­tody to Fri­day for con­tin­u­a­tion of trial.

e com­plainant, Ms Siphokuhle Sibanda, who is the sec­re­tary for the as­so­ci­a­tion, said dur­ing his time in of­fice, Chibva was a trusted mem­ber and leader within the as­so­ci­a­tion be­fore he stole the $ 9 700.

She said they were dis­ap­pointed that he had vi­o­lated their trust by steal­ing the as­so­ci­a­tion’s funds.

“Chibva acted as the head of the fi­nance com­mit­tee and also su­per­vised the col­lec­tion and bank­ing of monthly rentals on a daily ba­sis. He pre­sented au­dited state­ments at the An­nual Gen­eral Meet­ing and was a sig­na­tory of the as­so­ci­a­tion’s bank ac­count,” Ms Sibanda said.

Prose­cut­ing, Mr Du­misani Ndlovu said Chibva con­verted the money to his own use be­tween June and July last year.

Chibva was the as­so­ci­a­tion’s trea­surer be­tween May 27 and Au­gust 27 last year.

“Masakhane Traders As­so­ci­a­tion re­quired the ac­cused to bank all the money on a daily ba­sis. How­ever, he con­verted some of the funds to his own use lead­ing to the as­so­ci­a­tion suf­fer­ing an ac­tual prej­u­dice of $6 992 in the first count,” Mr Ndlovu said.

The court heard that on an­other day dur­ing that pe­riod, Chibva al­legedly con­verted $2 718 that was meant to be used for var­i­ous ex­penses of the as­so­ci­a­tion to his own use.

“The ac­cused had no right what­so­ever to act in the man­ner he did,” said Mr Ndlovu.

The court heard that the of­fence came to light after an au­dit was con­ducted at the as­so­ci­a­tion. — @andile_t­shuma

Newspapers in English

Newspapers from Zimbabwe

© PressReader. All rights reserved.