THE High Court has deferred the bail ruling of Neville Mutsvangwa who is facing allegations of money laundering and illegally dealing in foreign currency.
Neville, the son of Zanu PF spokesperson Christoper and Women’s Affairs minister Monica, is accused of contravening the Exchange Control Act, Bank Use Promotion and Suppression of Money Laundering Act as well as the Money Laundering and Proceeds of Crime Act.
Mutsvangwa is jointly charged with Simbarashe Tichingana and Ellis Majachani.
They were denied bail by Harare magistrate Dennis Mangosi last week.
Neville proceeded to the High Court, and the hearing on his bail application had been set down for yesterday.
However, the case was deferred to Monday.
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Neville also faces a separate charge of contravening the Postal and Telecommunications Act in that he was allegedly found in possession of Starlink equipment.
His lawyer Josephine Sande submitted before High Court judge Justice Esther Maremba on Thursday that Neville was a proper candidate for bail.
Sande argued that the lower court erred by denying Neville bail saying the mere possession of Visa cards was not illegal, and also not evidence that someone is illegally dealing in cash or money laundering.
She said bank cards were the property of the bank which has authority to disclose transactions undertaken using the seized cards.
She said there was no way the State would charge Neville and his co-accused with money laundering without the involvement of the central bank or the Financial Intelligence Unit which would have raised suspicions on the transactions carried out using the Visa cards.