[h=3]
stolen from Tanzanians in Vodacom scandal[/h] In the elaborate scandal, Tanils company, Shivacom Group, printed millions of pirated 500 shillings electronic recharge vouchers (Jero Jero) between 2008 and 2012 and colluded with other companies owned by Fred Lowassa (Alphatel) and TIB Development Bank Managing Director Peter Noni (Planetel) to distribute the vouchers across Tanzania.
Fred Lowassa is the director of Alphatel, a Vodacom super dealer, while Noni, a former senior Bank of Tanzania (BoT) official, also owns another Vodacom super dealer, Planetel.
Together, Shivacom colluded with Alphatel and Planetel to carry out the massive fraud involving the production, distribution and sale of pirate electronic recharge vouchers worth over 675 billion shillings without Vodacoms knowledge until the scam was unearthed in 2012.
There was also rampant tax evasion in the scandal with Value Added Tax (VAT) worth more than 121 billion shillings evaded by Shivacom and its conspirators, which is a serious criminal offence.