Friday Aug 1, 2014
| Text Size
[-]
[+]
Search IPPmedia

2.26 billion/- EPA theft case judgement today

17th May 2012
Print
Comments
Rajabu Maranda

The fate of businessman Rajabu Maranda charged with the theft of 2.26bn/- from the Bank of Tanzania’s External Payment Arrears (EPA) account will be known today when judgment in a second similar case will be delivered.

The Kisutu Resident Magistrate’s Court in Dar es Salaam will give judgement in the case facing the CCM cadre and co-accused Farijali Hussein in the theft case they are charged with.
They allegedly stole the money after presenting forged documents indicating that Money Planners Consultancy Company was credited with a debt of the said amount by Graciel Company of Germany.

The fate of the said accused is scheduled to be delivery by a panel of three magistrates comprising Fatuma Masengi, Catherine Rovocat and Projestus Kahyoza.Maranda and Farijali are represented by counsel Magafu, who has been facing off with state azttorney Vitalis Timon, assisted by Arafa Msafiri in the long-drawn case.

In the case, which started in November 2008, seven prosecution witnesses testifies before the court. Earlier the prosecution had claimed to have 22 witnesses.

In his testimony, the first witness Rajabu Maranda, who is the first accused, requested the court to disregard all the evidence presented in court by the prosecution witnesses because he did not steal nor forge and he has never send any requests to BoT.

He added that all the payments made by BoT to Money Planners Consultants were legally paid and BoT has never complained about being robbed since even the witness from BoT said the payments were legitimate
Maranda alleged that the police never took his cautioned statement, apart from the general statement which was taken by the task force which set up by President Jakaya Kikwete. 
In his testimony, Farijala Hussein, who is the second accused, claimed that they were not the ones who inherited the debit but Paul Nyingo and Fundi Karunga, who went to them to ask for a 150m/- loan.

He claimed that in order to open an account   the person needed to have money and at that time Nyingo and Katunga did not have the money.

He alleged that after following all the procedures they managed to open an account at United Bank of Africa, which now is known as Commercial Bank of Africa, where the BOT paid the said debt.

Maranda and Hussein are charged with forging a deed of assignment showing that Graciel Company had assigned a debt of 2,266,049,041/65 to Money Planners Consultancy Company while knowing it to be false.

SOURCE: THE GUARDIAN
0 Comments | Be the first to comment