Incarcerated Air Zimbabwe company secretary Grace Pfumbidzayi was yesterday granted US$5 000 bail by the High Court.

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Grace Pfumbidzayi

Grace Pfumbidzayi

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Pfumbidzayi has been serving a seven-year jail term for criminal abuse of duty under the Criminal Law (Codification Reform) Act.

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In April, Pfumbidzayi through her lawyer, Mr Andrew Muvirimi of Muvirimi and Associates sought for bail pending her appeal against both conviction and sentence at the High Court.

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Pfumbidzayi and former chief executive Peter Chikumba are accused of swindling the airline of millions of dollars in one of Zimbabwe’s biggest corporate fraud scandals.

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Air Zimbabwe lost nearly US$10 million between 2009 and 2013 in an aviation insurance fraud described by a magistrate as ‘pre-planned’ by its top executives who dodged laid-down procurement procedures.

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The High Court on Wednesday released Chikumba on US$2 000 bail and in granting the order, Justice Joseph Martin Mafusire instructed Chikumba to surrender title deeds to his Borrowdale home and report to police once a week.