Mutodi seeks bail Energy Mutodi
Energy Mutodi

Energy Mutodi

Senior Reporter
HARARE businessman Energy Mutodi, accused of defrauding desperate home seekers in Mutare of close to US$2 million in a housing scandal, is seeking bail at the High Court. His lawyer Mr Farai Nyamayaro today intended to apply for bail before Justice Hlekani Mwayera but the hearing was deferred to tomorrow.Allegations against Mutodi, who is facing similar charges in Harare involving more than US$6 million, are that he hatched a plan to defraud unsuspecting civil servants and formed NHDT situated at the Zimpost building in Mutare.

He allegedly lured civil servants into paying NHDT monthly payments to buy land in Mutare’s Gimboki South housing project peg, service it and promised to allocate residential stands to each of them.

A total of 1 562 joined Mutodi’s NHDT and he started receiving varying amounts of cash deducted from the complainants’ salaries through a Salary Service Bureau stop order facility and converted the money to his own personal use.

The State says  Mutodi was the owner of NHDT and some pay slips of the complainants with deductions of cash towards NHDT would be produced in court as evidence.
The businessman-cum musician is a signatory to funds of the NHDT and is the one who personally benefited from the cash that the complainants lost through SSB deductions, it is alleged.

A total of US$1 699 620 was lost.
Mutodi is facing another fraud charge after he allegedly sold a residential stand to two  people.

You Might Also Like

Comments

Take our Survey

We value your opinion! Take a moment to complete our survey