Tax evasion accused Ginimbi allowed travel to India

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By Mary Taruvinga

BUSINESSMAN and socialite Genius Kadungure, has been granted a foreign travel to India by Harare magistrate Babra Mateko following a successful application.

Kadungure best known as Ginimbi is facing allegations of prejudicing the government of RTGS$3,5 million by evading tax.

The magistrate also relaxed his bail conditions until May 11 when he is expected to bring back the passport to the clerk of court.

“The accused is hereby granted temporary release of his passport. Reporting conditions have also been relaxed and he is ordered to bring back the passport on May 11,” said the magistrate.

This is the second time the socialite has been granted his passport following his arrest over tax evasion.

Kadungure was once given his passport to allow him to travel to Dubai on a business mission.

His second attempt however flopped after the state opposed his application arguing he was a flight risk.

Allegations are that between February 2009 and May 2016, Kadungure allegedly made misrepresentations to Zimbabwe Revenue Authority (Zimra) that his company Pioneer Gases made total sales of $2 777 678,13 although the total was $9 092 951,51.

Court heard that Kadungure made the misrepresentation to avoid paying tax and Zimra was prejudiced $417 940, 58.

The offence came to light when Zimra investigated operations of Pioneer Gases and a lifestyle audit on Kadungure.

On March 2, 2016, Kadungure told Zimra investigators that he owned a Domboshava residential property valued at RTGS$200 000, Rolls Royce, Bentley Range Rover, a Mercedes-Benz S Class and BMW motor vehicles.

Zimra investigators asked Kadungure to prove the source of income but he allegedly failed to do so leading to his arrest.

Between January 2010 and December 2015, Kadungure also failed to declare sales made by his Pioneer Gases amounting to $9 092 951.51 and concealed assets valued at $1 191 713.45.