The Drug Enforcement Commission in Ndola has arrested a 32 year-old banker for money laundering activities involving over K1.6 million.
Ezra Malemuna, a banker of House No. 2810 Mushili, Jacaranda Villa in Ndola district, has been arrested and charged with theft by servant and money laundering, contrary to the laws of Zambia.
DEC deputy spokesperson, Kamufisa Manchishi, in a statement disclosed that the suspect, on dates unknown but between 1st March, 2016 and 20th March, 2018, whilst acting together with other persons unknown, fraudulently and without authority debited and made cash withdrawals amounting to K1,621,356 from a Zamtel company account in Ndola and deposited various amounts into three of his accounts held at two banks, respectively.
“The suspect laundered the said funds and acquired semi-detached flats on Plot No. 2805 Jacaranda Villa, a four-bedroomed house on Plot No. 2810 Jacaranda Villa, a motor vehicle Toyota Allion registration number BCB 1411 ZM, and a double-door Defy fridge. He further laundered part of the funds by opening a fixed deposit account at a financial services institution and deposited a sum of K414,005.48,” stated Manchishi.
He stated that the Commission has since seized the named properties as proceeds of crime and that the suspect is yet to appear in court.