THE Drug Enforcement Commission (DEC) says through its Anti-Money Laundering Investigations Unit, it has re-arrested former Konkola Copper Mines Provisional Liquidator Milingo Lungu for theft of K4.4 million from KCM, following the establishment of more evidence.

The Director of Public Prosecutions (DPP) earlier this week entered a nolle prosequi in a similar case, causing massive public outcry.

And in a statement, Thursday, DEC Public Relations Officer Mathias Kamanga stated that the Commission had further charged and arrested Lungu for money laundering involving the purchase of a property in Mass Media area for about US$750,000.

He stated that it was alleged that the K4.4 million was used as part payment for the said property which has since been seized by the Commission.

“The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit (AMLIU) has re-arrested former Konkola Copper Mines PLC (KCM) Provisional Liquidator Milingo Lungu for theft and money laundering activities contrary to the Laws of Zambia. Mr. Milingo Lungu, a male aged 43 of Plot No. 22763 Mulungushi Road, Roma in Lusaka has been re-arrested for theft of K4.4 million from KCM PLC following the establishment of more evidence. It is alleged that on dates unknown but between 22nd May 2019 and 15th August 2021 Milingo Lungu was involved in theft involving K4.4 million which came in his possession as Provisional Liquidator for the said Company,” Kamanga stated.

“The Commission has further charged and arrested Mr. Lungu for money laundering contrary to section 7 of the Prohibition and Prevention of Money Laundering Act No. 14 of 2001, as read with the Amendment Act No. 44 of 2010, involving the purchase of a property in Mass Media area which was bought at about US$750,000.00. It is further alleged that the K4.4million was used as part payment for the said property which has since been seized by the Commission.”

Kamanga stated that Lungu had also been charged and arrested for possession of property reasonably suspected to be proceeds of crime.

He said the property, which had since been seized, is a 4 bedroomed house in Sunningdale, Lusaka.

“He has also been charged and arrested for possession of property reasonably suspected to be proceeds of crime contrary to section 71 of the Forfeiture of Proceeds of Crime Act No. 19 of 2010. The property that has since been seized is a 4 bedroomed house in Sunningdale on Stand number 7934 on Chipushi Road, Lusaka. He is currently in Police custody and is expected to appear in court soon,” stated Kamanga.