Surveyor in $400k fraud

HARARE – A surveyor at Mining Promotion Corporation (MPC) reportedly manipulated his employer’s bank accounts and converted $380 000 towards construction of his house and other luxuries, a court heard.

When Isaac Sinosi, 69, reported for work on January 26 this year, he discovered that the offence had been unearthed and immediately made a dramatic U-turn to his Goromonzi residence where he hid and was later arrested by police.

Sinosi appeared before Harare magistrate Rumbidzayi Mugwagwa yesterday charged with theft.

The State is opposing his admission to bail.

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The complainant is Mining Promotion Corporation (Pvt) Ltd represented by acting chief executive officer Tapiwa Nyakutukwa.

The company is a State-owned enterprise and gets its operational funds from Mines ministry.

According to State papers, Sinosi is a senior surveyor at MPC and was the acting accountant between October 2016 and October last year.

At that time his duties included payment of salaries and board fees, bank reconciliations and purchasing of exploration equipment.

Sinosi was the only employee who had access to the company’s mobile banking pin number and a signatory to MPC CBZ bank account.

On January 22 this year, Nyakutukwa received mobile banking alert messages that the company had made two transactions debiting MPC with $800 to Paddington Nemahara and a Nyabeze.

Nyakutukwa then inquired with Sinosi and another accountant Webster Taudzai about the issue but they both professed ignorance.

The court heard that Nyakutukwa then received the company’s bank statement and noted that between May 2017 and January 25 this year Sinosi had stolen money through online banking into his Steward Bank account.

It was alleged that Nyakutukwa noted that Sinosi used the company funds to pay his personal expenses, creditors, building materials for his house and school that he runs at his homestead in Goromonzi, Close Circuit Television Services (CCTV) at his Goromonzi house, security fence, generator and three cars.

On January 26, Sinosi reported for work and discovered that the offence had been unearthed and immediately drove away in his car.

The following day police officers from Rhodesville Police Station followed Sinosi to Goromonzi and he attempted to escape by jumping over a fence that secured his residence but was caught in the process.

After his arrest, police discovered two laptops and cellphones that were being used by Sinosi to commit the offence.

A total of $379 822 was lost and nothing was recovered.

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