LATEST: Zifa in US$750k judicial funds scam

 LATEST: Zifa in US$750k judicial funds scam

The Chronicle

Harare Bureau

Four top Zifa board members moved US$740 000 from Zifa’s nostro account into the bank account of a private company belonging to one of them in 2019, allegedly to block a debtor using a court-issued garnishee order grabbing a small fraction of the cash, US$161 762, out of the accounts.

Yesterday Zimbabwe Football Association president Felton Kamambo and his three fellow governing board members Phillimon Machana, Farai Jere and Briton Malandule, appeared before Harare regional magistrate Mr Ngoni Nduna charged with obstructing the course of justice.

Kamambo, Machana, Jere and Malandule are alleged to have agreed to transfer the money from ZIFA’s nostro account with Ecobank and hide it in an account held by Conduit Investments, a company owned by Machana, in a bid to evade settling the US$161 762 debt owed to Daisy Guest House (Pvt) Limited.

They also allegedly resolved to open four new accounts which…

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