Home Southern Africa Zimbabwe Zimbabwe: Kuvacash CEO Saruchera Up for U.S.$286k Theft

Zimbabwe: Kuvacash CEO Saruchera Up for U.S.$286k Theft

Business executive and co-founder of a global cash remittance start-up Kuvacash Private Limited, James Saruchera Tuesday appeared in court accused of defrauding a client of US$286 000 in a botched property deal.

Saruchera was not asked to plead when he appeared before Harare magistrate Patricia Kamwanda who granted him US$500 bail.

The businessman is jointly charged with his company Kuvacash.

He is charged with theft of trust property.

According to court papers, the complainant is Paidamoyo…

Read more on AllAfrica.com

South Africa Today Africa – Southern Africa Zimbabwe News