Home Africa News Report: Late Ginimbi to lose Lamborghini and Roll Royce

Report: Late Ginimbi to lose Lamborghini and Roll Royce


Late Ginimbi to lose Lamborghini and Roll Royce. Mr Hodzi said in the case involving Kadungure, an order has been made for the forfeiture of his vehicles.

The value of ill-gotten assests seized and forfeited to the national treasury by the Second Republic is now over US$30 million, as legal proceedings are underway to forfeit expensive vehicles – a Lamborghini and a Rolls Royce – belonging to late socialite and businessman, Genius “Ginimbi” Kadungure.

“We are seeking a final order to forfeit quite expensive cars such as Rolls Royce and Lamborghini from Genius Kadungure, the now deceased. During trials when he was still alive, there is one involving illegal importation of high performing, expensive cars,” he said.

“We have evidence from South Africa of the Rolls Royce and Lamborghini of how much he paid on the South African side, how much he paid the manufacturers. We have evidence of how much he paid in duty when he brought them to the country and undervalued.

“We were able to prove that he defrauded Zimra of duty and we simply impounded and made sure the cars were forfeited to the State.” Mr Hodzi said the aim of the blitz was to disable criminals from destroying the economy, adding that most of the property was brought by the criminals using public funds.

“So as the Second Republic is rebuilding, every penny must be accounted for. So, having the forfeiture orders is empowering Treasury and the public,” he said.

Source – The Chronicle


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