Pindula
Register Login

Successful Marondera Farmer Commits Suicide Following US $4M Dispute With Brother

Successful Marondera Farmer Commits Suicide Following US $4M Dispute With Brother

Picture: The now late Stanley Masaiti with one of his farm workers around 2014

Update: An earlier version of this report claimed that Stanely Masaiti had also shot his brother. New information we have suggests that he did not actually shoo his brother. We apologise for the inaccurate information.

A Marondera businessman called Stanley Masaiti reportedly shot himself in the head following a dispute with his brother over $4m.

 

Stanley Masaiti shot himself on Saturday 20 August at his brother's business premises called Chipiwa Gardens.

A note was recovered at the scene which read:

Daneal naChipiwa Masaiti

Mudzose mari yangu yamakaba usd 4 million. [translated: Bring back my money that you stole US $4 million ]

S. Masaiti

 

Marondera Central MP Caston Matewu confirmed the incident:

Good Evening Marondera

I have learnt with a heavy heart that we have lost Mr Stanley Masaiti today. Mr Masaiti was a prominent farmer well-known here in Marondera.

It has been confirmed to me that Mr Masaiti shot himself this morning at around 6.30am at Chipiwa Gardens; his body was finally collected this evening to a local Hospital.

My thoughts and prayers this evening are with the Masaiti family. May God comfort you in this very difficult time

Rest in Peace Save

Hon Caston Matewu

 

Masaiti, a millionaire farmer, was one of the most successful businesspeople in Marondera. Stanley Masaiti was a farm manager before he got Muembwe Farm from the previous owner he worked for, a white farmer, during the land invasions. The white farmer struck a deal with the authorities to peacefully transfer the ownership of the 120-hectare Muembwe Farm to Masaiti.

The dispute between the two brothers stems back to a forensic audit that Stanley at his, Muembwe Tobacco Farm, after which he discovered the brother, Daniel, had been stealing from him.

He subsequently took the brother to the court around 2019 in a bid to recover the money. 

A news report written around the time of the case reads:

 

A TOBACCO farmer has dragged his brother and business partner to the High Court for allegedly stealing US$3 million from his sales account with Tian Ze Zimbabwe.

In summons filed at the High Court, Stanely Masaiti listed his brother Daniel Masaiti and his company Danchip Enterprises as respondents.

The plaintiff’s (Stanely) claim arose from the unsanctioned withdrawal and diversion of funds from his tobacco sales account with Tian Ze into the defendant’s CBZ bank accounts between 2009 and 2016 amounting to US$3 179 851, 32.

The nature of the claim is that in 2002 Stanely was allocated plot 1-3 of Currithvale Farm and in 2004 the land committee recommended that he be allocated Membwe Farm.

At that time, Stanely was running his farming business and invited Daniel, a former teacher and brother, to come and assist him with bookkeeping issues, payment of workers and payment of service providers.

The arrangement was that Stanely would assist Daniel to get medical attention, who at that time was suffering from a leg problem.

“For all intents and purposes the first defendant was working for the plaintiff and as his young brother, plaintiff would compensate him by buying him assets and gave him
$80 000 for construction of his Marondera home, $40 000 to boost stocks in his business and $50 000 to buy a building for Chikaidos,” read the summons.
Stanely specifically purchased a Toyota Fortuner, Isuzu truck and Range Rover sport.

Stanely had authorised his brother to use his MBCA bank account for his farming business and had entered contracts with Tian Ze and also government’s Command Agriculture programme.

According to the summons, in 2018 Stanely discovered through a forensic audit that substantial amounts were diverted from his tobacco sales account with Tian Ze into Daniel’s CBZ bank accounts.

There was allegedly no basis for Daniel and his company to engage in such transactions which were prejudicial to Stanely.

 

Share Article

Sponsored

33 Comments

Ekosi 1 month ago

aaah wadarireikoo mukuru...


katsiru 1 month ago

Koo vakomanaa avaa vaizoba Mari yakawanda kudaro Seiko nhai.. vauraisa munhu manjeee


somanji 1 month ago

ndarwadziwaaa veduwee


Citizen 1 month ago

muchazvirega henyu zvekubika chain a mumba.manje ko akasafa


Takue 1 month ago

Uuuuuuuuu ngavasaiita iyoyo


matso 1 month ago

zvakaoma


AL SHABAB 1 month ago

the late vaisa kwesha mazino even tho he made millions ain't that weird


Debra 1 month ago

You fools thts my uncle. He used to smoke Ganja and Zol besides thts none of your biz

Dred 1 month ago

Maybe the late used juju to accumulate his wealth. Which stopped him from brushing teeth🤔🤔

Al Queda 1 month ago

The late dd nt want to waste money on useless things like you Al Shabab. Thinking about Super, Ranger and Skokiyana

Sponsored

😅 1 month ago

mazino acho handiti anga ari ake ka waida kumukwesha ndiwe hre


star🌹 1 month ago

kkkkkkkkkj

Biden 1 month ago

Mari hachisu chinhu pasina hupenyu, ndatikoshesei hupenyu, uyuo wekubao paukama here inga wakaitirwa zvakanaka kuvakirwa, imba nezvimwe


zim 1 month ago

pakaipa yess ndo makore akatenga Daniel shop kuno kumacheke ummm akamboita mbiri vanhu vachiti mdara anorema kkk musachive hupenyu hwevanhu honai manje


Yoweeeeee 1 month ago

Hanzi murungu haana ngozi. Mukunyepa kuti akapuhwa purazi nemurungu by mutual agreement. Kunyepa. Akatsara purazi. Hezvo zvapfuka. He made millions. Only to shoot his brother and himself respectively. Icho! Charira! Kupiko? Marandellas.


Nkust 1 month ago

Makore aakatenga ekubudirira akwana chikwambo unotamba nacho iwe vhunza ini


anonymous 1 month ago

nice picture quality


I captured it 1 month ago

So wht

CELESTIAL 1 month ago

RIP the late musakwesha mazino


Witch craft 1 month ago

Thts the result of riches from witchcraft.


Vandem 1 month ago

Zvemazino ifodya yaairima aiita zvekudya ndomuziva uyo RIP


Dred 1 month ago

Stolen wealth. Stolen from you, dead......


Manikiniki 1 month ago

Zvemazino izvo zvinotisekesa isutichida kuchema mukoma wedu musadaro kkk


ndinda 1 month ago

former teacher wepa kuwadzana 3 primary school


Great Karly 1 month ago

Anopenga uyo


Rich man 1 month ago

The love of money is the root of all evil.


Zvazvanga zvingori 1 month ago

The late Stanley was actually employed by Daniel as his farm manager.He could come to Tian Ze accompanying the blue Freightliner truck carrying Daniel's tobacco bales.The tradename on the truck is DanChip Enterprises carrying tobacco of Pakuru Logistics.Then Daniel would later come to the floors driving the Range Rover Sport,using a hand clutch on the other side.It is not making sense to me for Daniel who had always been a farm manager would hire his brother who had no farm managing background to be his farm manager when Daniel was just a teacher


Me 1 month ago

Hey Mari ine chitema.


Nyasha 1 month ago

So sad


You 1 month ago

musakweshamazino😂😂😂


gufza 1 month ago

can't see any of my comments


guru 1 month ago

where is my comment?


Britts 1 month ago

so painful mr masaiti,ndarwadziwa mufunge RIP😭😭



Leave a comment


Recent News


News Categories



Feedback