THE Drug Enforcement Commission, through its Anti-Money Laundering Investigations Unit, has arrested and charged a 35-year-old banker for fraud and money laundering involving over K16.8 million. DEC Public Relations Officer Hussein Khan revealed in a statement issued, Thursday, that Kondwani Mhango, while employed as a banker at a known commercial bank, fraudulently gained access to the bank’s suspense account and stole funds amounting to K16,805,281. He stated that the offence was allegedly committed between May 1, 2020 and November 30, 2022, “The Drug Enforcement Commission, through its Anti-Money Laundering Investigations Unit, has arrested and charged a banker for fraud and money laundering involving over 16.8 million Kwacha. Particulars of the matter are that Kondwani Mhango, male aged 35 while employed...

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