FLAMBOYANT Harare businessman-cum-musician Energy Mutodi, who is facing fraud charges involving over $1 million, has been further remanded in custody.
REPORT BY STAFF REPORTER
Mutodi was yesterday remanded behind bars to August 14 by Mutare magistrate Charles Murowe.
On his last remand hearing, Mutodi was denied bail on the basis that he was a flight risk.
Charges against Mutodi are that he defrauded more than 1 000 home seekers in Mutare through his National Housing Development Trust (NHDT).
The State alleges that he hatched a plan to defraud cash from mostly civil servants in the eastern border city through a well-orchestrated stands scam.
At least 1 000 people joined the NHDT and they paid money purportedly meant to purchase land in Mutare for Gimboki South Housing Project.
Some of the money was paid through the Salary Service Bureau since 2012.
NHDT allegedly benefited from the scam and money amounting to over $1 million was defrauded from the housing project membership.
Nelson Makunyire prosecuted while Mutodi was represented by Farai Nyamayaro of Farai Nyamayaro Law Chambers.