Ginimbi finally granted bail
Zimbabwean businessman Genius “Ginimbi” Kadungure finally granted $10 000 bail by High Court after spending two weeks in remand prison.
In a statement, High Court Judge Justice Erica Ndewere granted $10 000 bail after spending two weeks in remand prison. The High Court ordered Kadungure to reside at his house in Domboshava, surrender the title deeds of his Borrowdale house and his passport to the Clerk of Court.
Also, Kadungure was forbidden from interfering with State witnesses and must report to the police once every two weeks on Fridays.
Kadungure appealed to the High Court after Harare magistrate Mr. Chrispen Mberewere had denied him bail.
Advocate Sylvester Hashiti and Mr. Keith Kachambwa of Venturas and Samukange Legal Practitioners represented Kadungure. While Prosecutor Fortunate Kachidza represents the State.
Kadungure is facing fraud charges for allegedly underestimating excise duty for a Bentley Continental GT to the Zimbabwe Revenue Authority (Zimra). He paid US$81 000 instead of US$139 665, allegedly prejudicing Zimra of US$58 665.
High Court Judge Justice Webster Chinamora finally ordered Kadungure to pay an additional US$58 000 which he agreed to pay.
Meanwhile, Kadungure faces trial in another case expected to start on February 28 at the Harare Magistrates Court.
Written by tatenda