Indian tycoons in US$1.4m property fraud

MOSES MATENGA Two Indian business magnates, Satishbhai Patel, the director of Honda Centre Pvt Ltd and his co-accused Ebrahim Mohamed, the director of Union Hardware, allegedly forged documents to seize a property belonging to a Zimbabwean company and fraudulently transferred to the Zimbabwe Regulatory Authority (ZERA), causing the local firm to lose over US$1.4m, Business Times…