THE Drug Enforcement Commission (DEC), through its Anti-Money Laundering Investigations Unit, has arrested a Lusaka businessman for money laundering activities involving over K2 million. In a statement, Thursday, DEC Public Relations Officer Hussein Khan stated that Mpundu Chanda, whilst acting with other persons unknown, allegedly forged an NRC which he used to open a bank account and launder K2,062,550. He said the suspect later acquired two vehicles; a Jeep Wrangler and Toyota Hilux, which were later disposed of to a named person by falsifying documents. “The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit (AMLIU) has arrested a Lusaka Businessman for money laundering activities involving over K2, 000,000.00. The Commission has formally charged and arrested Mpundu Chanda, aged...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe