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<a href="https://www.pindula.co.zw/Munyaradzi_Kereke/">Munyaradzi Kereke</a>, an advisor to the former <a href="https://www.pindula.co.zw/Reserve_Bank_of_Zimbabwe/">Reserve Bank of Zimbabwe</a> governor, is currently in custody for allegedly defrauding the Harare Municipal Medical Aid Society (HMMAS) of US$137,000. However, Kereke has denied these allegations and has stated that his alleged accomplice, Everisto Rukasha, is innocent.
Kereke expressed pity for Rukasha, as he believes that Rukasha was wrongly implicated in the fraud. Kereke also claimed that the investigating officer disregarded evidence that could prove his innocence and the existence of a crime. He said while applying for bail before Magistrate Marewanazvo Gofa:
<blockquote>
The signatories are the acting CEO, Zach Murerwa and witnessed by the board.
</blockquote>
Kereke also stated that the acknowledged $400,000 was legally approved by the new management. He explained that during the period when the alleged extortion took place, he was at a church camp for the annual Passover from July 1 to July 17, 2022. This indicates that he could not have been involved in extorting money from the board during their meetings. He added:
<blockquote>
The IO is mistaking selling a hospital to selling it to a building. The US$800 000 is the price of one building. I sold certificate licenses, furniture, a business.
</blockquote>
Kereke told the court that he had a legally binding agreement of sale, signed by the board when they fired Rukasha. He expressed pity for Rukasha, as he was not involved in the signing of the agreement. Kereke claimed that he showed the investigating officer (IO) the agreement but it was ignored.
Kereke also mentioned that HMMAS preferred to purchase the business assets separately. He applied for bail, explaining that he has a large family to support. He assured the court that he has complied with his current bail conditions in a separate case where he was sentenced to 10 years for raping his niece at gunpoint. Kereke is currently on bail pending appeal.
He further stated that he has business interests in Zimbabwe and therefore has no reason to flee if granted bail. However, the investigating officer, Owen Mutembwa, opposed bail, citing the presence of more than 12 witnesses who are set to testify. Mtembwa said:
<blockquote>
Some are previous business partners who participated in the selling of the hospital.
We saw his ability to visit HMMAS and terrorise employees and board members of HMMAS.
</blockquote>
Mtembwa claimed that Kereke would intimidate employees by threatening to repossess the hospital if they didn’t pay the money. Mtembwa also mentioned that Kereke still had possession of the title deeds and would send intimidating emails to the board chairperson.
The magistrate will make a decision on Kereke and Rukasha’s bail application on November 13.
<h3><a href="https://www.pindula.co.zw/">More Pindula News</a></h3>

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Munyaradzi Kereke Denies Allegations Of Defrauding HMMAS US$137,000, Exonerates Rukasha

<a href="https://www.pindula.co.zw/Munyaradzi_Kereke/">Munyaradzi Kereke</a>, a former advisor to the <a href="https://www.pindula.co.zw/Reserve_Bank_of_Zimbabwe/">Reserve Bank of Zimbabwe</a><a href="https://www.pindula.co.zw/Reserve_Bank_of_Zimbabwe/"> (RBZ)</a> governor, appeared in court on charges of defrauding the Harare Municipal Medical Aid Society (HMMAS) of US$137,000. Kereke and HMMAS CEO Everisto Rukasha appeared before Magistrate Marehwanazvo Gofa and were remanded in custody for a bail application the following day.
The complainant in the case is HMMAS, which is a subsidiary of the City of Harare. Rukasha is currently suspended, and Kereke is the founder and owner of Briward (Pvt) Ltd, trading as Fortress Hospital.
The allegations state that in early 2014, Rukasha and Kereke agreed to sell Fortress Hospital to HMMAS. Kereke appointed Newton Madzika to handle the transaction on his behalf. HMMAS made a full payment of US$800,000 into Health Body Images’ bank account on November 7, 2014.
However, in March 2022, Rukasha and Kereke conspired to defraud HMMAS. Kereke falsely claimed that HMMAS still owed him US$400,000 for the property purchase. He threatened to repossess the property, which was still in his name, and informed the HMMAS board that he possessed the property’s title deeds.
As a result, HMMAS authorised payment to settle the deceitfully created debt.
Kereke, a former ZANU PF Member of Parliament for <a href="https://www.pindula.co.zw/Bikita/">Bikita</a> West constituency, has a pending rape case. In July 2016, he was convicted of raping his under age niece at gunpoint and was given a 10-year prison sentence. However, in August 2021, the Supreme Court <a href="https://www.pindula.co.zw/2021/08/04/munyaradzi-kereke-granted-500-000-bail/">granted him bail of $500,000</a> while he awaited the outcome of his appeal against the conviction and sentence. The bail was accompanied by strict conditions set by the court.
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Former RBZ Advisor, Munyaradzi Kereke, Appears In Court For Defrauding HMMAS Of US$137,000

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