🇿🇼ZimbabweSouthern Africa
Former Airlink manager remanded in US$693,553 theft and money laundering case
via NewsDay Zimbabwe5 min read
Morgan Tagarira Sibanda, the former Airlink country manager, has been remanded to May 11 on charges of money laundering and theft of trust property totaling US$693,553. Sibanda, who is currently out on bail, was responsible for overseeing air ticket sales operations, including daily cash collections and depositing funds into the company's bank account. Prosecutors allege that in August 2024, Sibanda devised a scheme to steal from his employer by deliberately underbanking daily cash collections from ticket sales. Between September 1, 2024, and August 30, 2025, he allegedly failed to deposit US$693,553, which he then converted for personal use. The alleged offense was discovered in early September 2025 during a reconciliation exercise by internal auditors from the company's head office, leading to criminal charges.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
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