court.jpgHearing on the case of Zimbabwe Mining Development Corporation (ZMDC) officials facing 16 counts of corruption, has been adjourned to this Thursday with forensic auditors expected to give evidence on the case.

 

The hearing, which is being presided over by retired High Court Judge, Dr. Simbi Mubako with the assistance of assessor, Ms. Gladys Mpemba, begun with both parties making objections on technical issues and more evidence expected to be presented on Thursday.

Of the respondents, only Mr. Dominic Mubaiwa appeared before the hearing represented by his lawyer, Agmos Moyo, while ZMDC is being represented by Advocate Farai Mutamangira of Farai Mutamangira and Associates. 

Mr. Mubayiwa is being accused of conniving with Chief Finance Officer, Mr. Robert Karemba, Chief of Operations, Mr. Albert Chitambo and company secretary, Mr. Tichaona Muhonde to defraud the firm of US$10 million through misrepresentation.  

Mr Mubaiwa and his management team are accused of misrepresenting that they had loaned US$12 million to ZMDC’s subsidiaries when in fact the actual amount was close to US$2 million.