{"id":96422,"date":"2024-07-12T12:27:59","date_gmt":"2024-07-12T10:27:59","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud"},"modified":"2024-07-12T14:52:29","modified_gmt":"2024-07-12T12:52:29","slug":"buyanga-2-hre-lawyers-in-us500-000-fraud","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud","title":{"rendered":"Buyanga, 2 Hre lawyers in US$500 000 fraud"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>CONTROVERSIAL South Africa-based businessman Frank Buyanga has been dragged into a US$500 000 fraud case involving two Harare lawyers.<\/p>\n

Martin Murimirambewa (53) of Mapaya and Partners and Shakespear Karuwa (55), a conveyancer with Karuwa and Associates, were remanded out of custody to September 3 pending finalisation of investigations.<\/p>\n

The two appeared before Harare magistrate Marehwanazvo Gofa on Wednesday and were granted US$100 bail each pending further investigations.<\/p>\n

The complainant is Monoliser Investments (Pvt) Ltd, represented by Chamunorwa Matsika.<\/p>\n

Prosecutor Lancelot Mutsokoti alleged that sometime in June 2009, Matsika, a co-director of Monoliser Investments (Pvt) Ltd, got a US$30 000 loan from Frank Buyanga, the director for Hamilton Property Ltd.<\/p>\n

An agreement of sale was entered into and Lot 1 and Lot 2 of Mvagazi in Hurungwe worth over US$500 000 was offered as collateral.<\/p>\n

Sometime in November 2009, Matsika made efforts to pay back the debt, but discovered that Buyanga\u2019s office had been closed.<\/p>\n

It is alleged that Matsika came across an article in one of the daily newspapers saying Buyanga was on the run after having defrauded about 42 people.<\/p>\n

Matsika approached the Deeds Office to check the status of his property and he discovered that it had been changed in favour of Hamilton Property Limited.<\/p>\n

Matsika initiated civil proceedings against Hamilton Property Limited.<\/p>\n

However, in 2023, Matsika was served with an eviction order which led him to report the case to the Zimbabwe Anti-Corruption Commission.<\/p>\n

Investigations established that the two accused persons connived with Buyanga to initiate the process to come up with a capital gains tax certificate in favour of Hamilton Property Holdings Ltd.<\/p>\n

The court heard that the certificate was to be used to facilitate the registration of a deed of transfer.<\/p>\n

The duo then approached the Deeds Office where it allegedly connived with Absolom Magwere, a principal examiner, in registering a deed of transfer for the property without a capital gains tax certificate.<\/p>\n

The misrepresentation led to the complainant suffering prejudice of US$500 000 which is the value of the lost property.<\/p>\n

For More News And Analysis About Zimbabwe Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. CONTROVERSIAL South Africa-based businessman Frank Buyanga has been dragged into a US$500 000 fraud case involving two Harare lawyers. Martin Murimirambewa (53) of Mapaya and Partners and Shakespear Karuwa (55), a conveyancer with Karuwa and Associates, were remanded out of custody to September 3 pending finalisation of investigations. The two appeared before […]<\/p>\n","protected":false},"author":84,"featured_media":96421,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[19],"class_list":{"0":"post-96422","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-zimbabwe"},"yoast_head":"\nBuyanga, 2 Hre lawyers in US$500 000 fraud - zimbabwe<\/title>\n<meta name=\"description\" content=\"CONTROVERSIAL South Africa-based businessman Frank Buyanga has been dragged into a US$500 000 fraud case involving two H ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buyanga, 2 Hre lawyers in US$500 000 fraud\" \/>\n<meta property=\"og:description\" content=\"CONTROVERSIAL South Africa-based businessman Frank Buyanga has been dragged into a US$500 000 fraud case involving two H ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-12T10:27:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-12T12:52:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2024\/07\/sm_1720775792.960392.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"564\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/buyanga-2-hre-lawyers-in-us500-000-fraud\",\"name\":\"Buyanga, 2 Hre lawyers in US$500 000 fraud - 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