CONTROVERSIAL businessman and socialite, Genius Kadungure popularly known as Ginimbi, has been ordered to pay an additional US$58 655 09 duty on top of another US$81 469 already paid to Zimbabwe Revenue Authority (Zimra) for his recently imported Bentley Continental GT vehicle.<\/p>\n
This follows an attempt by Zimra to seize his top-of-the-range vehicle following a misunderstanding on the amount he was supposed to pay as import duty.<\/p>\n
Early this week, Kadungure approached the High Court in a bid to block Zimra from seizing is luxury vehicle.<\/p>\n
However, both parties reached an agreement Friday after they appeared before High Court judge Webster Chinamhora to solve the dispute.<\/p>\n
\u201cWith consent parties have reached an agreement. A reconciled figure will be around US$140 124,\u201d Kadungure\u2019s attorney Brighton Pabwe said after the court hearing.<\/p>\n
Kadungure had initially paid US$81 469 as import for the vehicle to Zimra before he agreed before Justice Chinamhora to add another US$58 655 09.<\/p>\n
Court ruled that the money should be paid on or before January 24 this year.<\/p>\n
The vehicle will also be embargoed until the issue of duty has been settled completely.<\/p>\n
This week, Ginimbi approached the High Court seeking an order barring Zimra Commissioner General, Faith Mazanhi from seizing his Bentley Continental GT.<\/p>\n
This was after some Zimra officials and state police stormed to his Domboshava residence intending to impound his vehicle on the grounds that its import duty had been undervalued.<\/p>\n
The Bentley in question, according to court papers is valued at R1, 9 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
CONTROVERSIAL businessman and socialite, Genius Kadungure popularly known as Ginimbi, has been ordered to pay an additional US$58 655 09 duty on top of another US$81 469 already paid to Zimbabwe Revenue Authority (Zimra) for his recently imported Bentley Continental GT vehicle. This follows an attempt by Zimra to seize his top-of-the-range vehicle following a […]<\/p>\n","protected":false},"author":84,"featured_media":18224,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[657,725],"class_list":{"0":"post-18222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-high-court","10":"tag-zimra"},"yoast_head":"\n