Staff Reporter

The bail hearing for top Premier Service Medical Aid Society (PSMAS) quartet facing charges of fraud has been set for today.

The four, comprising of PSMAS Chief Executive Officer (CEO) Farai Muchena, PSMAS Secretary Cosmas Mukwesha and two other officials Victor Chaipa and Shingai Mabuto, are facing charges of fraud and forgery involving US$6 million.

The State argues that the quartet is not suitable for bail as it would interfere with witnesses.   Furthermore, if the four should get bail they should be prevented from going to their places of work or make contact with their workmates.

Meanwhile, some PSMAS branches in the country have closed down due to failure by the company to pay rentals for their leased properties. The Kwekwe PSMAS branch is one of the branches that had to close down due to PSMAS management’s misappropriation of funds, which was driven by the quartet’s misplaced priorities.

While speaking at his inauguration back in November 2017, President Emmerson Mnangagwa emphasised that the New Dispensation would not tolerate corruption.

“As we focus on recovering our economy, we must shed misbehaviors and acts of ill-discipline which have characterised the past. Acts of corruption must stop,” said President Mnangagwa.

President Mnangagwa pledged to stamp out corruption, prioritise economic recovery and attract foreign investment. Under the New Dispensation, a number of top figures have been arrested for corruption and abuse of office and their cases are at various stages in the courts of law.