Banker narrates how Chinese firms transferred $200,000 into Lubinda’s ABSA account

25th November 2022

Courts

Former Justice Minister Given Lubinda at the Workshop on International Standards and Best Practices on Freedom of Assembly to guide the review of the Public Order Act at Parliament Building on March 21, 2019 - Picture by Tenson Mkhala

Courts

Former Justice Minister Given Lubinda at the Workshop on International Standards and Best Practices on Freedom of Assembly to guide the review of the Public Order Act at Parliament Building on March 21, 2019 - Picture by Tenson Mkhala

A BANKER at ABSA Bank has told the Economic and Financial Crimes Court that about US$200,000 was transferred into Given Lubinda’s account from China Cotton and China Africa company. Mupeta Ngambi, a branch manager at ABSA Bank’s Cosmopolitan Mall branch was testifying in a matter in which Lubinda, who is acting PF president is facing four counts of being in possession of property reasonably suspected to be proceeds of crime. In count one, it is alleged that Lubinda on March 3, 2018, in Lusaka, received US$ 50,000 from China Africa Cotton Limited, property reasonably suspected of being a proceed of crime. Lubinda is in the second count alleged to have on February 2, 2019, received US$100,000 from Qingdao Ruichang Cotton...

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