Back Print this page
Legalbrief   |   your legal news hub Tuesday 11 August 2020

Harare businessman charged over duty payment

Zimbabwean businessman and socialite Genius Kadungure has been charged with fraud over the importation of his luxury vehicle from SA. He allegedly undervalued the vehicle, using a fake receipt, in order to make a lower duty payment to the Zimbabwe Revenue Authority (ZIMRA). A report on the IoL site notes that the businessman was last year ordered to pay an additional $58 000 in import duty, on top of the $81 000 already paid to ZIMRA for his Bentley Continental GT. The vehicle is valued at $126 000, according to papers filed in the Zimbabwe High Court.