Neville Mutsvangwa bail ruling set for Monday

Zim Now Writer

Bail ruling for Neville Mutsvangwa and two others has been set for May 22, 2024, after they approached the High Court seeking bail.

The three were arraigned before the Harare Magistrates’ Court facing allegations of contravening the exchange Control Act, Bank Promotion and Suppression of Money Laundering Act.

Allegations are that the three were unlawfully dealing in foreign currency as well as operating an illegal money transfer establishment, which they use to unlawfully transfer foreign currency to foreign banks.

Mutsvangwa faces a separate charge of contravening the Postal and Telecommunications Act in that he was allegedly found in possession of Star Link equipment without a licence.