Top (RBZ) executives on US$780,000 fraud charges , bailed but remain in detention

Top  (RBZ) executives on  US$780,000 fraud charges ,  bailed but remain in detention

THREE top Reserve Bank of Zimbabwe (RBZ) executives accused of $780,000 fraud, were last week granted bail despite opposition from prosecutors who say they were a flight risk. However, they all remained in custody after the State invoked a legal provision that suspends bail pending appeal. Fidelity Printers and Refiners chief operating officer, Godknows Hofisi, 41, finance director, Tinashe Wellington Mbengegwi, 35, and finance manager, Ronald Madhara, 47 were granted $1,000 bail each by Harare…

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