TIMB top brass spends weekend in custody

Prosper Dembedza, Herald Correspondent Tobacco Industry Marketing Board (TIMB) chairman Patrick Devenish and chief executive officer Meanwell Gudu were arrested last week on charges of fraud, alternatively criminal abuse of office, after they allegedly extended a US$397 000 loan facility to a family company owned by Mr Itayi Masuka, prejudicing TIMB of US$539 000. The […]