adminon US$500 bail coupled with stringent conditions.
As part of the conditions, Gonyora was ordered to surrender his travelling documents and to report twice a week at his nearest police station.
Appearing for the state Mr David Magwegwe alleges that in July 2009, Gonyora and Tapiwa Parehwa entered into an agreement with ZOU to form a company called ZOU online Pvt Ltd and Gonyora was appointed the chief executive officer.
Gonyora and Parehwa became signatories to the company’s CBZ account at Kwame Nkrumah branch.
It is alleged that Gonyora had access to the company funds and was responsible for the day to day use of the funds and the two were custodians of company interest and would use money for the benefit of the company and students.
It is the state’s case that sometime in 2010, ZOU online failed to meet its financial obligations leading to an audit.
After the audit, Gonyora could not account for US$30 609.
Gonyora allegedly did not use the funds to benefit and advance the interests of the company, but converted them to personal use.
A report was made leading to his arrest.
Online Reporter