Fraud accused Henrietta Rushwaya granted bail
By Staff Reporter
Fraud accused Zimbabwe Miners Federation (ZMF) CEO, Henrietta Rushwaya has been freed of US$500 bail by Harare Magistrate Stanford Mambanje.
In granting her bail, Magistrate Stanford Mambanje said there are no compelling reasons to deny her bail. No previous history of absconding court.
This was after the former ZIFA boss had appeared at the Harare Magistrate’s court facing US$1.5 million fraud involving the illegal sale of mines to some Dubai investors.
Rushwaya, who is not new to controversy, was arrested on tuesday facing the charges.
Rushwaya is alleged to have travelled to Dubai in the company of nearly two dozen business associates in a push to persuade the investors to purchase the three mines.
Each mine was priced at US$1 million.
The mine allegedly owned by Mnangagwa was sold for US$1 million and US$500,000 was allegedly paid as a deposit for the second mine, according to people familiar with the investigation.
Rushwaya narrowly escaped jail November last year after she was ordered to pay a fine of US$5 000 following her conviction for attempting to smuggle 6kgs of gold to Dubai through the Robert Gabriel Mugabe International Airport.
