Chiyangwa swindled?

HARARE - A Waterfalls man has been hauled before the courts for attempting to defraud businessman Philip Chiyangwa of $48 million through housing stand deals.

Onius Muhoma, 47, of 11025 Stoneridge, Waterfalls, appeared before Harare magistrate Tendai Mahwe facing fraud charges.

He was remanded to March 28 on $100 bail.

As part of bail conditions, the magistrate ordered Muhoma to surrender his travel documents, reside at his given address and not interfere with state witnesses.

Prosecutor Sharon Mashavira alleged that Muhoma and other unknown accused persons reportedly connived to unlawfully misrepresent to clients that the land situated in the remainder of Stoneridge area, Waterfalls, in Harare did not belong to Pinnacle Property.

They reportedly claimed the land was state property, although they had bought a stand from Pinnacle Property.

Muhoma convinced the residents to pay for the stands directly to him, so as to process housing documents.

It is further alleged that Muhoma sold other stands in the same area without the knowledge and consent of Pinnacle Property, leading to a potential prejudice of $48 million.  Muhoma was arrested during a meeting with residents on the land in question, where he reportedly warned occupants not to subscribe to Pinaccle Property Housing Scheme, but directly to him.

Comments (8)

Chimbavha chonyanya, asi hapana ati asungwa

Jori - 11 March 2014

Sorry zvako but vamwe vakatoita mari nazvo. Wanga waturaya zvino slogan yako yekuti mari muhomwe ndiyo yakandite wrong, inozi Bhora mugedhi....

Mbada Murenje - 11 March 2014

How much did Chiyangwa pay for this land. Mbavha inotya kubirwavo futi?

Reality - 11 March 2014

HP TONER CARTRIDGES FOR SALE 05A, 10A, 11A, 12A, 13A, 15A, 24A, 35A, 36A, 53A, 55A, 61A, 64A, 70A, 78A, 85A, 90A AND MANYMORE 0772 678 311

CARTRIDGEGALLERY - 12 March 2014

he lost the case @ the courts, saka mari yaari kuda ndeyei??? he should come and address the people, kwete kuita basa rekubudisa mazita evanhu mupaper

Stoneridge Resident - 12 March 2014

We have embarked on a project for the welfare of elderly people we are appealing for a borehole we are tired of donor dependency. Please help.The name of our organization is Trace The Fortune Of The Elderly .It is A REGISTERED NGO

mariyeti mpala - 12 March 2014

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.