BULAWAYO, Saturday, November 3, 1991 — A witness in the trial of four employees of a finance company in Gweru and the managing director of a garage in the same city yesterday told a Bulawayo magistrate how, after obtaining a loan from the company, the statement reflected that he had to pay double the amount he had been given.
Cde Booker Mabambe told regional magistrate Mr Nicholas Ndou in the trial of four Standard Chartered Finance Zimbabwe Limited employees and the managing director of Midlands Truck and Car Sales, who allegedly defrauded the finance company of $220 154,86, that when he approached the company he wanted to borrow $2 500, which he wanted for car repairs.
“I met the messenger, Elias Chinyemba, who told me that depending on the model of my car, it could be used as security for the loan that I needed.
“When I brought my car’s registration book, Judith Karimazondo, the cashier, indicated portions I had to complete on some forms,’’ said Cde Mabambe.
“A day later I received a call from Karimazondo informing me that my application had gone through. I then met Jonah Shinga, the managing director of Midlands Truck and Car Sales who made out a cheque and handed it to me. I signed hire purchase forms and Karimazondo promised to complete the details.’’
He said he was shocked to receive a statement indicating that he had to pay back $5 072,72 to the finance company.
Trial was postponed to February 3, 1992.