Minister’s name used in fraud case

Finance minister Tendai Biti’s name was allegedly used in a fraud case where a senior manager at the Insurance and Commission Pensions Fund, Tinayeishe Martin Tawoneyi, is accused of swindling the State institution of over $50 000.

According to the allegations read in court yesterday, Tawoneyi misrepresented to his employer and withdrew $2 000 purportedly to cover Biti’s travel expenses to Victoria Falls in May last year.

“On May 2, 2011, the accused withdrew $2 000 purporting to have used it to cover the Minister of Finance’s travel expenses to Victoria Falls for the official opening of the commission’s summit.

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