Fracas as treasurer disappears after withdrawing pool club’s funds


Karoi pool league treasurer goes on the run after fraudulently withdrawing funds

In a shocking turn of events, a man from Karoi is currently on the run after allegedly fraudulently withdrawing money from the Karoi Pool League (KPL). Mathew Kasinagwara, who served as the league’s treasurer for the 2022/23 seasons, is accused of unlawfully accessing funds from the KPL’s nostro account held at ZB Bank.

The incident came to light during the KPL’s 2023 season closing gala, where the league’s 20 teams had each contributed US$20. The KPL board had intended to reward the teams that had excelled during the season with prizes. However, suspicions arose when Kasinagwara failed to appear at the gala held in the Chikangwe high-density suburb, and further efforts to locate him proved fruitless as he had switched off his mobile phone.

Documents obtained by our publication reveal that Kasinagwara allegedly withdrew a total of US$1,290 from the KPL account. The case has since been reported to the Karoi Urban branch of the Zimbabwe Republic Police (ZRP).

Terence Chidemo, the chairman of the KPL, confirmed the incident to NewsDay and expressed his disappointment in Kasinagwara’s actions. Chidemo acknowledged that the board had been negligent in monitoring the funds, which ultimately led to the fraudulent withdrawal.

“As a board, we relaxed on monitoring the funds leading to the fraudulent withdrawal from our account,” Chidemo said.

“I am very disappointed in the behaviour exhibited by the treasurer since everyone in KPL had trust in him.

“Since the matter was reported to the police, we have trust in our law enforcement agents whom we are expecting to get to the bottom of the case and bring the culprits before justice.”

Breaking News via Email

Enter your email address to subscribe to our website and receive notifications of Breaking News by email.