Cottco loses 16K bale ties to employee

Story by Fungai Jachi

THE Cotton Company of Zimbabwe (Cottco) allegedly lost 16 000 bale ties worth over US$20 000 to an employee with the suspect dragged to court on theft charges.

Lawrence Chiriri who is employed as a stores person by Cottco was remanded in custody pending his bail ruling set for this Monday.

It is alleged that Chiriri connived with accomplices who are yet to be apprehended to steal the bale ties which they allegedly loaded in a truck that hauled ginned seed to Afro Run Company based in Norton.

The court heard that a tip-off was received by Cottco Loss Control leading to a physical stock count exercise of the bale ties.

The stocktake revealed that about 16 000 bale ties were missing and the accused person, being the custodian of the bale ties failed to account for the missing ties leading to his arrest.

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