Harare – Controversial businessman and socialite Genius Ginimbi Kadungure’s application for temporary release of passport has been granted by a Harare magistrate.
The application was granted by Harare magistrate Vongai Muchuchuti and he was ordered to return it on March 18. His bail conditions in line with reporting have been temporarily suspended until he returns the passport.
Kadungure is facing charges of tax evasion in which the State is alleging 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 sales amounting to $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.