Gokwe-Nembudziya legislator Mayor Wadyajena with COTTCO officials Pius Manamike, Maxmore Njanji, Fortunate Molai and Chiedza Danha a director in Pierpont Moncroix have been remanded in custody.
They were arrested on allegations of fraud and money laundering involving US$5 million.
They are reportedly awaiting bail hearing continuation tomorrow in court.