NetOne’s Group Chief Executive Officer, Raphael Mushanawani (60), has appeared at Harare Magistrates’ Court facing charges of fraud and corrupt concealment of transactions involving more than US$1.2 million.<\/p>\n
According to the National Prosecuting Authority (NPA), in 2022, NetOne contracted Farevic Systems Pvt Ltd for US$2.4 million to deliver and implement a new SAP ERP system, replacing the outdated SAGE 1000.<\/p>\n
While that project was underway, Mushanawani allegedly engaged Lunartech Solutions Pvt Ltd to “upgrade” SAGE 1000 for US$1.2 million, despite the system being phased out.<\/p>\n
Unauthorised payments of US$654,331.60 were made, and he entered into another contract with Diztech Pvt Ltd for SAP training worth US$79,467.49, even though this service was already covered in the Farevic deal.<\/p>\n
These actions allegedly caused NetOne actual prejudice of US$654,331.60 and potential prejudice of US$625,135.89.<\/p>\n
The matter came to light when it was discovered that the accused person had acted without the approval of the Executive Management Committee and the Netone Board.<\/p>\n
Mushanawani was arrested on September 29.<\/p>\n
He was granted US$500 bail.<\/p>\n","protected":false},"excerpt":{"rendered":"
NetOne’s Group Chief Executive Officer, Raphael Mushanawani (60), has appeared at Harare Magistrates’ Court facing charges of fraud and corrupt concealment of transactions involving more than US$1.2 million.<\/p>\n","protected":false},"author":2,"featured_media":3922,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,27],"tags":[287,296,298],"class_list":{"0":"post-3921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crime-and-courts-zimbabwe","8":"category-news-zimbabwe","9":"tag-national-prosecuting-authority-npa","10":"tag-netone","11":"tag-raphael-mushanawani"},"yoast_head":"\n