25 January 2017
ONE of the directors of TECS Haulage was arraigned to court by a managing director of another transport company Ajara Trucking Logistics on allegations of duping the latter of US$160 000 in a trucks sale deal.
Gulam Ebrahim, 69, who is one of the directors TECS Haulage, appeared before Harare magistrate Rumbidzai Mugwagwa charged with fraud.
He was not asked to plead to the charge and was remanded to February 15 on US$100 bail.
Circumstances leading to his arrest are that sometime in April 2016, the complainant met Basheer Ebrahim who is brother to Gulam as well as the majority shareholder in TECS Haulage and negotiated for the purchase of trucks that they were selling.
The State alleges that Basheer died in April the same year before negotiations were finalised.
The State, represented by Audrey Chogumaira, alleges that the complainant engaged the immediate family member who then referred him to Gulam for further negotiations to buy the entire fleet of TECS Haulage.
The negotiations stalled as they could not agree on the purchase prices, alleges the State papers.
It is alleged that the complainant went to the deceased’s wife Shehnnas Ebrahim who was also one of the directors and settled at 27 trucks, 10 incomplete trailers, and four Reefers valued at US$636 000.
The complainant is alleged to have paid US$100 000 as deposit remaining with US$536 000 as balance which was to be paid within 26 months.
Complainant is alleged to have paid another US$260 000 through Dav Brains Private Limited using RTGS only to realize that there was an over payment of US$160 000.
He then informed the accused and instructed TECS Haulage to redirect the money to Telone where he had purchased scrap metal for Agri-Quip Engineering.
Gulam is alleged to have paid Telone as instructed and between December 15 and 19 he instructed Telone to reverse the payment alleging that it had been an error.
The matter only came to light when complainant made some follow ups to Telone to confirm whether the transaction had been made.
A complaint was lodged leading to the arrest of the accused.