Grace Mugabe’s sister arrested for alleged fraud

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Former Zimbabwean’s first lady Grace Mugabe‘s sister Shuvai Gumbochuma has been arrested on fraud charges for reportedly reselling state-allocated land for a huge profit.

According to Herald, Shuvai Gumbochuma, who appeared at the Harare Magistrates Court on Friday, reportedly applied for state land worth more than $400 000 in 2014 to develop into stands for low-cost housing in Harare. But,she reportedly sold it to another land developer for more than $2 million, instead of developing the land.

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“Gumbochuma profiteered from State land thereby distorting the market value of the land from a mere $424 426 to an inflated value of $2 060 000 without making any developments,” the Herald said, citing state papers.

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“She made a profit of $1 636 574 without doing anything.”

She is also facing two other charges for using the name of an unregistered company to receive land for development two years ago.

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She was released on a $500 bail. And her case has been adjourned till October 23.

Grace Mugabe’s sister arrested for alleged fraud .

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