Flamboyant business man Genius Ginimbi Kadungure has been arrested again. Ginimbi was arrested at the Magistrate Court where he had gone for routine remand as he is out on bail.
Ginimbi is facing many counts of forgery. He has just been granted $5,000 bail. He was initially arrested for undervaluing the value of his newly bought Bentley Continental GT. Initially he was accused for avoiding duty of USD 58,000. He had only paid USD 82,250. Surprisingly, the market value of the car in question is around USD 202 000, meaning Ginimbi was asked to pay more than he actually has to.
Ginimbi spent two weeks in jail before being granted bail of $10,000.
Ginimbi is well known for hosting lavish parties in Zimbabwe and South Africa. He hosts white parties every year where he wines and dines with other wealthy socialites such as Tazvi Mhaka, Uncle Roland Muchegwa among others.