A court issued an arrest warrant for Lewis Matutu after he missed his fraud trial hearing. The former Zanu PF youth leader faces charges of stealing $150,000 worth of company shares from Shisib Investments. Four other people face the same charges with Matutu. Police say the group worked together to fake documents and steal control of the mining company. The theft happened when they created false annual reports from 2018.
The accused group made backdated paperwork for years 2014 through 2018. They forged signatures from company owner Joseph Sibanda and secretary Lyton Shumba. The fake documents showed the accused people had become majority owners of the mining company. They filed these false papers with the company registrar. This gave them legal control over Shisib Investments even though they never bought any real shares.
The crime came to light when Parks and Wildlife officials contacted Sibanda in September 2024. The department said Matutu and his group had told them to stop all mining work at the site. The accused claimed they wanted to sell the mining rights as the new majority shareholders. Parks officials wanted to meet with a real company representative to verify the claims.
The stolen control allowed the group to hold a company meeting in November 2024. They voted to remove Sibanda as director of his company. The group also changed the company address during this meeting. Sibanda lost $150,000 from these actions and has not recovered any money from the theft.
The accused group made backdated paperwork for years 2014 through 2018. They forged signatures from company owner Joseph Sibanda and secretary Lyton Shumba. The fake documents showed the accused people had become majority owners of the mining company. They filed these false papers with the company registrar. This gave them legal control over Shisib Investments even though they never bought any real shares.
The crime came to light when Parks and Wildlife officials contacted Sibanda in September 2024. The department said Matutu and his group had told them to stop all mining work at the site. The accused claimed they wanted to sell the mining rights as the new majority shareholders. Parks officials wanted to meet with a real company representative to verify the claims.
The stolen control allowed the group to hold a company meeting in November 2024. They voted to remove Sibanda as director of his company. The group also changed the company address during this meeting. Sibanda lost $150,000 from these actions and has not recovered any money from the theft.
