Harare businessman up for money laundering of upto $1 million

A Harare businessman Rodney Dangarembizi who is accused of money laundering, theft and fraud  involving over 1 million dollars  appeared in court on trial on Tuesday.

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A TOP official in the Justice ministry who operated a bogus theological college offering fake degrees to unsuspecting people in and around Marondera, was on Friday arraigned before magistrate Rumbidzai Munemo facing three counts of fraud.
A TOP official in the Justice ministry who operated a bogus theological college offering fake degrees to unsuspecting people in and around Marondera, was on Friday arraigned before magistrate Rumbidzai Munemo facing three counts of fraud.
A Harare businessman Rodney Dangarembizi who is accused of money laundering, theft and fraud  involving over 1 million dollars  appeared in court on trial on Tuesday.
Dangarembizi who appeared before magistrate Hosea Mujaya was represented by AdvocateTaona Sibanda.
However the trial could not kick off after the defence asked for time to prepare for his client’s defence saying he was occupied with exams when he was given the court papers by the State.
Dangarembizi is accused of converting to own use a sum of $580 000 which he was supposed to remit to the owner, Godstone Company of South Africa who is the complainant in the matter.
Further efforts to recover the amount owed proved fruitless as Dangarembizi is said to have sent threatening messages to the complainant.
The matter was then postponed to June 27 for trial commencement.
Dangarembizi is also facing other allegations of converting $116 742 to own use the money realised from selling fertilizer.
Allegations are that sometime in June 2017 Denga engaged Dangarembizi to assist him to recover 360 metric tonnes of fertilizer from Windmill after it had failed to make the payment prompting Denga to cancel the transaction.
Dangarembizi managed to recover the fertilizer the quantity of fertilizer and they created a friendship and the fertilizer was taken to Croplink for safekeeping and it was kept under the custody of director Jacques Leitao.
During the same month Dangarembizi approached Denga and volunteer to sale the fertilizer on commission and the arrangement was that after selling it Dangarembizi will deposit the money into Ambrella  HoldingsFBC bank account.
During period of July 15 to 28,2017 Dangarembizi collected 269,82 metrc tonnes of fertilizer and was supposed to remit the sum of $116 762  but converted the money to own use.