DEC nabs 5 for fraudulently withdrawing over K6m and $5,000

16th July 2022

Local

DEC public relations officer Mathias Kamanga addesses journalists during a press briefing at his office in Lusaka on September 29, 2021 - Picture by Tenson Mkhala

Local

DEC public relations officer Mathias Kamanga addesses journalists during a press briefing at his office in Lusaka on September 29, 2021 - Picture by Tenson Mkhala

THE Drug Enforcement Commission (DEC) has arrested five people for forging letters of instructions to a named bank which enabled them to withdraw over K6 million and $5,000 from a company account. And the commission has arrested Khoza Africa Exports director Shaka Khoza for obtaining over K360,000 from various farmers on the pretext that he was going to provide them with incentives to grow moringa, when in fact not. In a statement, Friday, DEC public relations officer Mathias Kamanga said the five suspects were arrested for various money laundering activities. “The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit (AMLIU) has arrested five people for various money laundering activities contrary to the laws of Zambia. The Commission has...

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Philip Chisalu

Philip is a story-driven Journalist adept at developing articles and investigating issues with tenacious and unwavering dedication. Offering several years of experience in print, radio and online media. Email: philip [at] diggers [dot] news