Advertisements

Zambia: A 48 year old business man of Chazanga Compound of Lusaka, has been arrested for money laundering.

The Drug Enforcement Commission through its Anti-Money Laundering Investigations Unit has arrested a Lusaka Businessman for money laundering activities involving K50, 000. 
Frank Bwalya, 48, a businessman of Chazanga Compound in Lusaka has been arrested for personation of person named in certificate, obtaining credit by false pretences, forgery and uttering of false documents.

Particulars of the offence are that Frank Bwalya on dates unknown but between September, 2016 and February, 2017 jointly and whilst acting together with other persons unknown with intent to defraud did personate as Samuel Phiri a Teacher at a named school in Lusaka and obtained a loan of K50, 000 from the Public Service Pensions Fund (PSPF). The suspect presented false payslips, a staff introductory letter, a confirmation in appointment slip, a national registration card and a bank statement in the name of Samuel Phiri whose names he had used to open the said bank account.

The accused is currently in custody at Kamwala Remand Prison pending court appearance.

Meanwhile, the Commission in North Western Province has arrested Danny Kayenda, 19, a small scale farmer of Chitiya village in Zambezi District for unlawful cultivation of fresh cannabis plants weighing 617kg.

The suspect will appear in court soon.

Advertisements

Next Post

New deadly virus "HPV"has been discovered by a Students from Kisii University, Kenya

Sun Mar 26 , 2017
Students from Kisii University, Kenya and the general public at large have been warned against kissing carelessly due to an outbreak of Human Papilloma Virus, which has seen several people admitted at Kisii level 5 hospital after testing positive to the disease. HPV is an infectious viral disease which cause […]

Chief Editor

Francois Mutombo

Categories

Get In Touch!

1-403-471-4456
Mon-Fri, 8am-9pm

Subscribe via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 64,501 other subscribers

%d bloggers like this: