The chairman of the Southern African Development Community (SADC) Business Council, Salum Shamte, appeared in a Tanzanian court on Thursday charged with economic sabotage.
Shamte, who is also the chairman of the Tanzania Private Sector Foundation, was charged as Managing Director of Katani Limited, manufacturers of traditional sisal products.
He appeared before the Tanga Region Resident Magistrate’s Court charged with money laundering and occasioning 1.1 billion Tanzanian shillings (about 477.5 thousand U.S. dollars) loss to the Agricultural Marketing Co-operatives.
Shamte, who became chairman of the SADC Business Council in August this year, was charged along with Fadhili Malima, the Director of Finance for Katani Limited, Theodora Mtejeta, the firm’s Public Relations Officer and Fatma Diwani, a member of Katani Limited Board of Directors.
The four accused persons were arrested in Tanga city on Oct. 17, 2019, following an order by Tanga Regional Commissioner Martin Shigela after he had implicated the suspects in the loss of 54 billion Tanzanian shillings mostly belonging to the government.
Shigela’s order followed a meeting to discuss an audit report presented by a senior auditor from the Ministry of Finance and Planning on the conflict between farmers and Katani Limited.
The audit report presented by Idriss Ally, an internal auditor with the Ministry of Finance and Planning, indicated a loss of the 54 billion shillings to have been occasioned by the sisal firm.
The audit report was done between Jan. 22 and Feb. 22 this year, and has investigated Katani Limited’s financial transactions from 2008 to 2018. Enditem