Story by Fungai Jachi
HARARE businessman, Neville Mutsvangwa and his alleged accomplices who are facing charges of illegal foreign currency dealings will know their fate next week after the High Court postponed their bail ruling.
Mutsvangwa’s bail ruling, which was set for this Wednesday, was postponed with the presiding judge requesting for the Investigating Officer’s report before the ruling.
Mutsvangwa is jointly charged with Elisse Majachani and Simbarashe Tichingana.
The trio is facing charges of contravening the Exchange Control Act, unlawfully trading in cash and money laundering.
They were denied bail by the Magistrates Court on the basis they are a flight risk.
Mutsvangwa is also facing a fourth charge of possessing a Starlink internet router without a licence.
He is expected back in court on Monday for the bail determination.
Meanwhile, four other suspects arrested on the 18th of April and charged with contravening the Exchange Control Act have been granted US$100 bail each by the High Court.
They were also ordered not to interfere with witnesses.
