DEPUTY CHIEF WRITER
©️ A BINDURA magistrate has sentenced businessman Fradreck Utsiwegota to an effective seven years in jail after finding him guilty of swindling his Singaporean partner of mining equipment worth over US$500 000.
Prosecutor Garudzo Ziyaduma said Utsiwegota and his partner Ramason Bupendra registered a company called Decade Mining (Private) Limited sometime in 2012, where they were both directors, together with David Barnet Silver.
During Bupendra’s absence, Utsiwegota sold stamp mills, a 120KVA generator, ABJ concentrators, a Toyota Hilux, a Mazda 3, Foton 7-tonne truck, eight electric motors, amalgam barrel, three compressors, five water pumps, two motorbikes, dumper truck and approximately 20 000 tonnes of gold dump tailings, which all belonged to the company.
The businessman, the court heard, entered into a joint venture with Utsi Mining (Private) Limited, which was represented by his cousin Emmanuel Utsiwegota, while Bupendra was away in Singapore.
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