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...

THE Financial Intelligence Centre has expressed concern that suspected criminals have continued to use real estate to launder their money. Speaking to the media on the sidelines of a workshop on money laundering and terrorism...

GOVERNANCE Activist Rueben Lifuka says it’s not unusual for security wings to be audited by private audit firms, arguing that even the US defence, which has more secrets, has been subjected to that. Lifuka argues...

MINES and Minerals Development Minister Paul Kabuswe says it’s taking a bit of time to resolve issues surrounding KCM and Mopani Copper Mines because they are more complicated than they appear. In an interview, Kabuswe...

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government engaged external firms to audit security wings because the Auditor General indicated that his office is occupied with other assignments. And Dr Musokotwane has explained...

DEFENCE Minister Ambrose Lufuma says all audits are better done by the Office of Auditor General, and has wondered that maybe the Auditor General has valid reasons for sub-contracting a private firm to audit security...

DRUG Enforcement Commission (DEC) Director General Mary Chirwa says the Commission doesn’t target individuals when investigating financial crimes but simply follows the money and suspected illegal property. And Chirwa says DEC does its work in...

PRESIDENT Hakainde Hichilema has urged cooperating partners and stakeholders to openly tell governments about things which are not being well, not saying them “in the loo”. Meanwhile, the Africa CDC in partnership with the Mastercard...

THE Lusaka High Court’s Economic and Financial Crimes Court has set aside Magistrate Jennifer Bwalya’s decision to discharge Ronald Chitotela of two counts of possession of property suspected to be proceeds of crime. The Court...

PF lawyer Tutwa Ngulube says the ongoing Drug Enforcement Commission (DEC) investigation against former president Edgar Lungu which has been extended to his bank accounts is a sign that the new dawn government doesn’t respect...