British owned commercial bank Standard Chartered Mutoko branch has been downed. The bank, which lost $40 000 fourteen months ago in a mysterious theft that saw the conviction of manager Tafara Ben Maunze and a bank teller Clemence Nkalimo closed its doors last week.
The two, who were sentenced to twenty four months imprisonment and restitution of $20 000 each, were later mysteriously released on bail pending appeal.
ZimEye last year exclusively revealed the magistrate ruling on the case, partying with the convict’s lawyer just after the key hearing. [READ MORE -]

Arriving at the property Thursday, only the security guard was left manning the premise.
An official comment form the bank could not be obtained at the time of writing but speculation was that the shutdown was all to do with the failure of the courts to uphold judicial principles.
It was furthermore not clear when or if ever the bank would re-open.
Meanwhile last week, one of the bank’s customer service employees, a Mr Maphosa, was said to have already been paid his benefits in cash amounting to $44 000.