SOCIALITE and businessman Genius 'Ginimbi' Kadungure spent another night in prison on Monday after the High Court delayed ruling on his bail application.
Ginimbi was arrested last Thursday and refused bail when he first appeared before Harare Bianca Makwande the following day.
Defence lawyer Jonathan Samukange immediately appealed the decision at the High Court.
The case was heard by Justice Tawanda Chitapi at the weekend.
On Monday the judge said the judge said ruling would be delivered Tuesday in a development that meant Ginimbi spent another night in remand prison.
The business man is accused of tax evasion and money laundering.
According to the Zimbabwe Revenue Authority (ZIMRA) the businessman prejudiced the tax collector of about $3,8 million.
He was arrested last Thursday and has remained in remand prison since.
State lawyers had consented to $1,000 bail on Friday, but this was rejected by magistrate Makwande.
"I am guided by Section 117 (3) (b) of the Criminal Procedure and Evidence Act as well as Section 117 (3) (e) of the same Act," she said.
"The release of the accused will undermine public confidence in the criminal justice system. Therefore, despite the State's consent, I hereby deny bail."
Ginimbi is also appearing before the Harare court on separate fraud charges.
He is accused of fleecing Zanu PF legislator Dexter Nduna as well as siblings Ivon and Enos Gatawa of R1 535 000 ($85,000) in a botched pump supply deal.