A Harare Magistrate Court today has denied bail to Genius Kadungure who is being accused of prejudicing the state of US$22 million.
Kadungure popularly known as ‘Ginimbi’ will spend the whole weekend behind bars.
Ginimbi was picked up by law enforcement agencies in the capital yesterday.
He was represented by Advocate Jonathan Samkange who said he is going to take the matter to the High Court.
“It is the judge’s prerogative to pass his decision but it’s also the right of the accused to take the matter further,” he said.
The flamboyant businessman is expected to be back in court on the 30th of this month.