HARARE – A Standard Chartered Bank (Stanchart) internal control officer, Cletas Tonderai Nyakambiro, 38, has had his five-car fleet seized as part of an investigation into allegations he created fake accounts to defraud his employer of approximately US$2.3 million.
Nyakambiro faces charges under the Money Laundering Act and for fraud, while his alleged accomplice remains at large.
He has already appeared in court.
His suspected accomplice, Candrink Kupakuwana, 49, of Mainway Meadows in Harare, is currently at large.
According to H-Metro, Nyakambiro claims to have studied at the University of South Africa. His digital footprint suggests a family-oriented man, particularly fond of his twin children, who also enjoys beer and socializing.
The impounded vehicles include a Toyota Fortuner, a Chevrolet Cruze, a Toyota Aqua, a Land Rover, and a Mercedes Benz S280.
Nyakambiro allegedly colluded with Kupakuwana to open two fraudulent bank accounts. He faces charges of contravening Section 8 (1) (a) of the Money Laundering Act and Fraud as defined in Section 136 of the Criminal Law Codification and Reform Act Chapter 9:23.
According to Detective Inspector Rachel Muteweri, spokesperson for the ZRP Criminal Investigation Department (CID), the crime was committed three years ago.
“In furthering their criminal enterprise, the duo meticulously altered the intended tax beneficiary account and diverted the funds to the fraudulent accounts, which they subsequently misappropriated for personal gain,” Muteweri noted.
“This fraudulent activity resulted in the bank suffering a total prejudice of US$2,293,483.84 and ZWG514 735,41 in the process.
“A total of 10 movable properties, a Toyota Fortuner, a Land Rover, Chevrolet Cruze, Toyota Aqua and a Mercedes Benz S280 have since been recovered as proceeds of crime.
“Cletas Tonderai Nyakambiro appeared before Harare Regional Magistrate Feresi Chakanyuka and Public Prosecutor Kudakwashe Muza on May 24, 2025.
“The Zimbabwe Republic Police is now on the trail of the outstanding accused person Candrick Kupakuwana, whose known address is 2751 Mainway Meadows, Waterfalls, Harare.”
Standard Chartered Bank was acquired by FBC Holdings last year before being rebranded as FBC Crown Bank.
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