Zimbabwe: Chivayo Out On $2 000 Bail

13 August 2018

Businessman and Intratrek Zimbabwe (Private) Limited director Wicknell Chivayo was last Friday granted $2 000 bail pending trial, after the High Court found that the prosecution case was weak to induce the businessman to flee the country and evade trial.

Chivayo is facing charges of defrauding the Zimbabwe Power Company (ZPC) of over $5 million, money laundering and violating Exchange Control Regulations.

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