Amos Kagonya, a man accused of a multi-million dollar fraud, tragically committed suicide at the home of the person who had accused him, Felix Munyaradzi. The incident occurred in the Borrowdale area of Harare on Tuesday, just hours before a court verdict was expected in his fraud trial.
The Fraud Case Kagonya Was Accused Of
Kagonya, along with Jacob Muyambo and Saymore Mutakura, faced charges of defrauding Munyaradzi’s company, Delatfin Civil Engineering, of US$3 million through the illicit sale of housing stands. Muyambo held the position of finance director at Delatfin.
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Legal Proceedings
Muyambo and Mutakura were in court on Tuesday, where Magistrate Mambanje postponed their judgment. The judgement was supposed to be handed down that day. When the prosecutor noticed that Kagonya was not in court, he called for a warrant of arrest for the man. Kagonya’s death brings an unexpected twist to the ongoing legal saga. The fraud allegations centred around the sale of commonage stands—residential stands on state land that developers are required by law to surrender to the government, typically amounting to 10 per cent of the total stands in a given development.
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