According to the state-owned Chroniclenewspaper, Saviour Kasukuwere spent a night in prison on Monday on four counts of criminal abuse of office.
He was, however, freed on $3 000 bail, coupled with some strict bail conditions on Tuesday, New Zimbabwe reported.
Harare magistrate Hosiah Mujaya ordered him to surrender his passport and title deeds to his house in Nyanga, report to police once a week and not to interfere with state witnesses, the report said.
According to NewsDay, Kasukuwere was linked to various fraudulent land deals, among them dishing out vast tracts of land worth over $2m to Grace Mugabe’s sister, Shuvai Gumbochuma, without following due process.
Gumbochuma was arrested on the same issue last week and was released on a $500 bail which was coupled with tough bail conditions.
It was alleged that in 2014 Gumbochuma successfully applied for state land worth more than $400 000 to develop into stands for low-cost housing in Harare. She “fraudulently” acquired the land in March 2015 from the local government ministry after submitting false documents which claimed she had the capacity to develop the lands. But instead of developing the land, she allegedly sold it to another land developer for more than $2 million, a Herald report said.
“Gumbochuma profiteered from state land thereby distorting the market value of the land from a mere $424 426 to an inflated value of $2 060 000 without making any developments,” the Herald said, citing state papers.
According to Daily News, as indigenisation minister, Kasukuwere once came under fire after awarding a company called Brainworks Capital several indigenisation deals that included a $971m with Zimbabwe Platinum Mines limited.
The company also worked as a financial advisor on the indigenisation of six other top earning companies which were indigenised under ex-president Robert Mugabe’s reign.