dyton mupawaendaZvikomborero Parafini
FRAUD-accused Harare businessman, Moses Ruwona, was yesterday granted $300 000 bail after spending almost two weeks in remand prison.
Ruwona (36) and his suspected accomplice, Macmillan Chiweshe (34) are facing fraud, theft of trust property and money laundering charges involving US$490 000.
They were ordered to surrender their passports and to report to the police once every Friday.
Magistrate Stanford Mambanje said reasons for granting them bail would be given on a later date.
The State had opposed bail saying it would not be in the interest of justice to release the two because they had other pending cases and this could motivate them to abscond.
The two were accused of defrauding Aubrey Chademana, in botched payments for outdoor Wi-Fi routers in Mauritius.
They are also being accused of duping Access Finance of US$256 000 in a fabric material consignment payment deal.
Online Reporter