Harare businessman Genius Kadungure, who is facing charges
of fraud, tax evasion and money laundering, yesterday successfully applied for
the temporary release of his passport and suspension of reporting conditions to
enable him to travel to South Africa to attend business procedures.
Through his lawyer Mr Jonathan Samkange, Kadungure said he
needed the temporary release of his passport from yesterday to August 28 so
that he could travel to South Africa for business. Mrs Mateko granted the
application in Kadungure’s favour and ordered him to return back the passport
on the agreed date.
The businessman was recently granted $1 000 bail by Justice
Tawanda Chitapi
Allegations against Kadungure are that between February
2009 and May 2016, his company Piko Trading Private Limited misrepresented to
the Zimbabwe Revenue Authority (Zimra) that it made total sales of $2 777 678,
inclusive of Value Added Tax, when in actual fact the company had made $9 092
951.
To that end, Zimra suffered a prejudice of $417 940.
Kadungure is also being accused of evading tax, with Zimra suffering a total
prejudice of $3 468 949. Herald
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