Lusaka businessman nabbed for Money Laundering
By ALICE NACHILEMBE
The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit (AMLIU) has arrested a Lusaka Businessman for money laundering activities involving over K2, 000,000.00.
DEC Public Relations Officer Hussein Khan said the Commission has formally charged and arrested Mpundu Chanda 37, of Plot No. 1021 Ibex Meanwood for forgery, uttering false documents, falsification of documents.
Mr Khan said details of the matter are that Chanda jointly and whilst acting together with other persons unknown on dates unknown but between January 1, 2022 and June 20, 2022 did forge a National Registration Card (NRC) which he uttered at a named Commercial Bank and opened a bank account.
He said Chanda further laundered K 2, 062, 550.00 and acquired two motor vehicles namely; a Jeep Wrangler and Toyota Hilux which were later disposed of to a named person by falsifying documents.
The suspect is currently on bond and will appear in court soon.
Meanwhile, the Commission in Eastern Province has jointly charged and arrested two women named Julia Ngulube 37, and Hellen Manda 42 both of Zingalume Township in Lusaka for trafficking in psychotropic substances.
The duo were intercepted in Chipata as they were en route to Lusaka and were found with 20 polythene sacks containing loose cannabis weighing 1.6 tonnes concealed in sacks of maize bran.
The suspects are detained in lawful custody and will appear in court soon.