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Kereke remanded in custody over fraud

Kereke, who was being charged together with HMMAS chief executive officer Everisto Rukasha, appeared before magistrate Marehwanazvo Gofa.

FORMER Reserve Bank of Zimbabwe (RBZ) governor’s adviser Munyaradzi Kereke appeared at the Harare Magistrates Court yesterday charged with defrauding Harare Municipal Medical Aid Society (HMMAS) of US$137 000.

Kereke, who was being charged together with HMMAS chief executive officer Everisto Rukasha, appeared before magistrate Marehwanazvo Gofa.

They were remanded in custody to today for bail application.

The complainant is HMMAS, a subsidiary of the City of Harare.

Rukasha is currently on suspension. Kereke is the founder and owner of Briward (Pvt) Ltd t/a Fortress Hospital.

Allegations are that sometime in early 2014, Rukasha and Kereke agreed to enter into an agreement of sale whereby the latter would sell his immovable property, Fortress Hospital located at number 9653 Ruwa Township, Chipukutu, Sebastopol to HMMAS.

Kereke then appointed one Newton Madzika, the managing director of Health Body Images (Pvt) Ltd to conduct the transaction on his behalf.

On November 7, 2014, HMMAS met its obligation by paying the full purchase price of US$800 000 into Health Body Images’ bank account.

On March 18, 2022, Rukasha working in connivance with Kereke, hatched a plan to defraud HMMAS.

Pursuant to their plan, Kereke wrote to HMMAS misrepresenting that HMMAS still owed him US$400 000 from the purchase of the property,

Kereke then approached the HMMAS board threatening to repossess the property which was still in his name and made it clear to them that he was still in possession of the title deeds to the property.

Resultantly, HMMAS authorised payment towards the liquidation of the fraudulently-generated debt.

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