NETONE BOSS CAGED OVER US$1,2 MILLION FRAUD: The Zimbabwe Anti-Corruption Commission (ZACC) has arrested NetOne Cellular (Pvt) Ltd's Chief Executive Officer, Raphael Mushanawani, on allegations of fraud involving over US$1.2 million.
It is alleged that in 2022, NetOne Cellular (Pvt) Ltd engaged Farevic Systems (Pvt) Ltd to replace the SAGE 1000 system with an Enterprise Resource Planning (ERP) system at a contract price of US$3.5 million.
While the project was still underway, Mushanawani, allegedly acting in common purpose with Christopher Muchechemera from the finance department and without the knowledge of the Executive Committee and the Board, engaged Lunartech Solutions (Pvt) Ltd to upgrade the SAGE 1000 system at a cost of US$257,600.
He allegedly entered into two additional contract addendums, raising the cost of upgrading the system slated for replacement to US$1.2 million.
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested NetOne Cellular (Pvt) Ltd's Chief Executive Officer, Raphael Mushanawani, on allegations of fraud involving over US$1.2 million.
It is alleged that in 2022, NetOne Cellular (Pvt) Ltd engaged Farevic Systems (Pvt) Ltd to replace the SAGE 1000 system with an Enterprise Resource Planning (ERP) system at a contract price of US$3.5 million.
While the project was still underway, Mushanawani, allegedly acting in common purpose with Christopher Muchechemera from the finance department and without the knowledge of the Executive Committee and the Board, engaged Lunartech Solutions (Pvt) Ltd to upgrade the SAGE 1000 system at a cost of US$257,600.
He allegedly entered into two additional contract addendums, raising the cost of upgrading the system slated for replacement to US$1.2 million.
