DIRECTOR of Public Prosecutions (DPP) Gilbert Phiri has dragged former KCM Provisional Liquidator Milingo Lungu to court, seeking an order that the over US$24 million seized from accounts belonging to his law firm should be forfeited to the state. The DPP has submitted to the Economic and Financial Crimes Court, High Court division, that the seized amounts in the law firm’s different accounts are tainted property because they are proceeds of crime obtained from illegal and unlawful transactions. The amounts include over US$7 million held at FNB, over US$7 million held at Stanbic Bank, and US$10 million held in the ABSA Bank account. The DPP has filed an originating notice for an application for a non-conviction-based forfeiture order of tainted...

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