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Accountant in trouble for stealing KSh10.6M from employees to fund lavish wedding

The accountant is accused of deducting money from employees' salaries and diverting the cash to his personal bank account. PHOTO | CRIME WATCH ZIMBABWE

An accountant of a company in Zimbabwe is in trouble after his trick of stealing from fellow employees so as to fund his lavish lifestyle was found out.

Nigel Nhamo was arrested after he allegedly stole US$80,000 by deducting money from other employees’ salaries, to fund among others, his lavish wedding.

The 33-year-old man — employed by the Dinson Iron and Steel Company in Manhize, Mvuma — was arraigned before the Mvuma Magistrates Court to face theft charges.

“The State alleges that between July 2023 and April 2024, the accused person who is the company accountant altered the payroll and time sheets consolidated by the Human Resources Department by deducting various amounts of money from different individual employee accounts,” Crime Watch Zimbabwe reports.

Nhamo would then forward the payroll with alterations to the bank and then instruct the bank to transfer the variances collected from individual employees to his personal bank accounts.

The total amount stolen is USD80 000.

In December 2023, Nhamo and his wife celebrated their marriage with a lavish wedding, followed by a honeymoon in South Africa.

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