FINANCIAL Intelligence Centre (FIC) Director General Clement Kapalu says despite numerous achievements that the centre has scored in detecting illicit financial transactions, it remains significantly underfunded, making its operations difficult to execute. On Wednesday last week, a delegation from the American Embassy paid a courtesy call on the FIC, and learnt that around US$3 billion in suspected illicit financial transactions had so far been detected this year alone. Speaking in an interview after meeting with the American Envoy, Friday, Kapalu said the center had chronically received low funding, yet it has continued to provide Law Enforcement Agencies and the Zambia Revenue Authority with critical data relating to money laundering and tax evasion. “National resources in the form of taxes continue...