Pioneer director denies fraud allegations

HARARE - Zimbabwean transport baron and Pioneer Corporation Africa director, Simon George Wilburn Rudland yesterday, denied a $2 million fraud charge levelled against him when his trial opened at the Harare Magistrates’ Courts yesterday.

Rudland faces allegations that he forged ownership documents for four properties worth $2,3 million belonging to Future Chirango Muvirimi.

Appearing before Harare regional magistrate Noel Mupeiwa, Rudland through his lawyer Eric Matinenga, denied the allegations.

“He (Rudland) is neither a legal practitioner nor a conveyancer,” Matinenga said. “Consequently, he could not, in the circumstances, make any misrepresentation to the registrar of deeds for the purposes of transferring the properties in question.”

He said his client acted through a legal practitioner whom he gave instructions to effect the transfers in question.

“Legitimate documents for the transfers were tendered,” Matinenga told the court, adding that the prosecution of his client was malicious.

“There is no allegation of any collusive dealing between the legal practitioner or conveyancer and the accused.”

Prosecutor Oliver Marwa told the court that issues arose after Muvirimi, who is the director and shareholder of Leonfer Investments (Private) Limited, Deepstar Investments (Private) Limited and Downtown Petroleum (Private) Limited, approached Rudland seeking a $1 million loan in November 2009.

Rudland, who is a representative of Ramsay Investments (Private) Limited, asked Muvirimi to sign an acknowledgement of debt. Muvirimi further gave Rudland his four properties, which he co-owns with his wife Petronella as security for the loan, the court heard.

According to the two parties’ agreement, Rudland was supposed to sell one or all of the properties in the event Muvirimi defaulted. Rudland was supposed to first notify Muvirimi on the decision to sell the properties and the prices were to be agreed upon by both parties.

In the event that the two failed to agree on a price, Rudland was to sell the properties at an amount which is not below the market value and give the remainder to Muvirimi.

In his defence, Rudland said Muvirimi failed to meet his obligations in terms of the acknowledgment of debt.

Rudland allegedly went on to generate company resolutions and powers of attorney documents, purportedly authorising him to transfer Muvirimi’s properties into his companies’ names.

He allegedly forged Petronella’s signatures, before drawing agreements of sale on Muvirimi’s behalf.

The court heard that Rudland proceeded to the Zimbabwe Revenue Authority, where he allegedly attended an interview as Muvirimi’s representative, while the buying companies were represented by Tendekai Hove, who is Rudland’s administration manager.

Marwa allegedly managed to effect a transfer of the properties into his companies’ favour, through Richard David Stonier, a legal practitioner.

Muvirimi, while giving evidence in court, said the transfers were made without his company’s board resolution.

Comments (3)

FOR SALE HP TONER CARTRIDGES 05A, 10A, 11A, 12A, 13A, 15A, 24A, 35A, 36A, 42A, 49A, 51A, 53A, 55A, 61A, 64A, 70A, 78A, 80A, 83A, 85A, 90A, 125A, 131A, 135A, AND MANYMORE 0772 678 311

GALLERYCARTRIDGES - 26 September 2014

Waste of the court's time. You borrow against your properties, default, and now want the taxpayer to foot the bill, instead of going civil. But then you probably don't have the money to take it the civil (and right), way.

Francis - 27 September 2014

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