A MANAGER at First Capital Bank has appeared in court facing allegations of unlawfully selling a company vehicle valued at USS$45 000 without authorisation.
Stanley Tasiyana (39) appeared before Harare magistrate Mrs Jesse Kufa charged with theft of trust property.
He was granted USS$500 bail.
The complainant is First Capital Bank, represented by its security officer, Mr Blessing M’nyulwa.
Prosecutor Mr Lancelot Mutsokoti alleged that Tasiyana, who is employed by the bank as a manager, had been allocated a Toyota Hilux double cab for use.
The court heard that on May 5, 2026, the bank instructed Tasiyana to surrender the vehicle for routine servicing and inspection.
However, he allegedly failed to produce the vehicle and subsequently applied for sick leave.
According to the State, the bank continued demanding the return of the vehicle, but Tasiyana allegedly failed to comply.
On May 7, 2026, the complainant reportedly activated the vehicle’s tracking system after becoming suspicious over its whereabouts.
Investigations led the bank to a house in,
Borrowdale West, where the vehicle was found in the possession of Lin Zhouhui.
The court heard that when questioned about how he had acquired the vehicle, Zhouhui produced an agreement of sale dated April 7, 2026, allegedly showing that he had bought the vehicle for USS37 000 through
Ronald Chinanga, with an outstanding balance of USS7 000 payable upon change
of ownership.
A report was subsequently made at ZRP Borrowdale, leading to the seizure of the vehicle, which was booked as an exhibit.
It is further alleged that on May 19, 2026, Chinanga was summoned to ZRP Borrowdale for questioning.
He allegedly told investigators that he had acted as a middleman in the transaction involving Zhouhui and another man, Tawanda Chingwaru.
Chinanga reportedly produced another agreement of sale dated September 25, 2025, allegedly showing that Tasiyana had sold the vehicle to Chingwaru for US$35 000.
The court heard that Chingwaru later confirmed to police that he had bought the vehicle from Tasiyana before selling it to Zhouhui through Chinanga. Tasiyana was subsequently arrested. The Toyota Hilux double cab, valued at US$45 000, was recovered and is being held at ZRP Borrowdale as an exhibit.