Zimbabwe: ENG Deal - Six Bankers in Court

Harare — SIX Century Discount House executives have appeared in court on charges under the Companies Act for recklessly lending $24 billion to ENG Asset Management Company.

Michael Nyamazana (43), the chief executive officer; Ophias Tuwe (35), the managing director; Richard Muvirimi (47), general manager (finance); Taiveyi Kamurai Mambayo (48), a general manager; Richard Chinyani (45), an assistant general manager; and Stansilous Baramasimbe, a senior dealer; appeared before magistrate Ms Memory Chigwaza.

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