Economic Empowerment Group (EEG) president Mike Chimombe Mike Chimombe has been released on Z$50,000 bail in a matter in which he is being accused of defrauding a home seeker of a residential stand.
Chimombe had been arrested on allegations of defrauding a home seeker of US$16 900.
The controversial socialites’ two other associates –Steven Chimombe and Hermysh Katsande, were arrested in July on the same charges – and now await trial.
The former Affirmative Action Group (AAG) president, was arrested yesterday morning at his plush Borrowdale Brooke house in Harare, accused of selling a Tynwald residential stand to Brian Marungamise, although the land belonged to someone else.
Marungamise is said to have paid US$16 900 to the trio, but when he wanted to develop the property, someone came and claimed ownership of the land.
It is alleged that Marungamise was then allocated another stand in the same area, but once again another person claimed ownership of that same land.
In a third attempt to give Marungamise a stand worth what he had paid, he was allocated a residential stand in Waterfalls. But yet again another person claimed ownership. At this stage Marungamise went to the police and made a report at Harare Central Police Station.
The total prejudice is US$16 900 and so far none of this money has been recovered.
