THE Drug Enforcement Commission (DEC) has disclosed that it conducted over 1,000 money laundering investigations in the first three quarters of 2023 involving K152.5 million and US$204.8 million. The Commission says during the same period, it froze bank accounts and seized amounts in cash totalling over K19 million and US$281,340.98, and further forfeited 81 properties, including a total sum of K4,603,680.01, to the State. And the Commission says a total of 3,214 persons have been arrested for drug related offences in the first three quarters of 2023. Speaking during a media briefing, Tuesday, DEC Director General Nason Banda expressed concern about the high number of pending court cases. “In the first three quarters of 2023, the Drug Enforcement Commission (DEC)...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here