BREAKING NEWS – Stanchart Bank Mutoko Employees Sentenced to 48 Months In Prison
14 October 2014
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Convicted Standered Chartered Bank Mutoko employees charged for defrauding the bank US$40,000, have been sentenced to two years in prison.
Bank Manager Tafara Ben Maunze and teller Clemence Nkalimo who had been remanded at Mutoko Prison awaiting sentence, were yesterday slapped with 48 months imprisonment. Their colleague who was the prime person in investigations, Effort Chimhamba,
however controversially walked away a free man last week despite being the chief suspect in the case. (See Drama as Magistrate Parties With Man Charged US$40,000 Theft Just Before Acquitting Him)
Mutoko resident magistrate Mr Edwin Marecha suspended 12 months on condition the accused do not within five years commit any offence involving theft for which they will be sentenced without the option of a fine. A further twenty four months were suspended on condition the accused restitute Standared Charterd Bank the sum of $20,000 each through the clerk of court Mutoko.