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Soldier steals $237 000 from CABS

A soldier has been nabbed for reportedly stealing $237 700 from CABS last year.

Anorld Letlhale Pullen, 27, was not asked to plead when he appeared before Harare magistrate Victoria Mashamba charged with theft.

The matter was remanded to tomorrow for bail application.

The State, represented by Linda Gadzikwa alleges that during the period extending from May to September 14 last year, CABS experienced challenges on its banking system.

The challenges includes automatically crediting client’s accounts without any corresponding deposit, allowing clients to repeatedly access funds in their accounts without debiting the account at the time of transacting and increasing clients balance each time they withdraws money in the account.

The State alleges that Pullen took advantage of this challenge and stole $237 000 from his account through ZIPIT facility to eight different bank accounts.

After transferring the money, Pullen instructed the account holders to transfer the same amounts through ZIPIT facility to his Steward Bank account.

The offence came to light in October last year when CABS was upgrading its system and noticed the anomaly leading to Pullen’s Arrest.

 

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