DEC nabs Ndola banker
Published On February 10, 2015 » 2527 Views» By Administrator Times » Latest News, Stories
 0 stars
Register to vote!

DEC logoBy JAMES KUNDA –

THE Drug Enforcement Commission (DEC) has arrested a banker in Ndola for money laundering activities involving US$7,000.
Musonda Chitambo, 27, of house number 26 Malile Road in Ndeke, was arrested by the anti-money laundering investigations unit of DEC for fraudulent false accounting, stealing by clerk and money laundering contrary to the laws of Zambia.
Chitambo, whilst acting in his capacity as a teller in charge at a bank in Ndola, between May 1, 2014 and December 31, 2014 defrauded his employers by stealing money amounting to $7,250.
The suspect stole the money by making false entries in the vault register book by indicating that the balance in the record was tallying with the physical cash when in fact the money was less.
Chitambo laundered the stolen funds by purchasing a vehicle, a Toyota Camry, which has since been seized by the Commission. This is according to a statement released by DEC public relations officer Theresa Katongo, yesterday.
“The suspect is currently on police bond and will appear in court soon,” Ms Katongo said.
Meanwhile, the Zambia Wildlife Authority (ZAWA) on the Copperbelt has arrested three men and recovered an AK47 rifle, three muzzle loading guns and eleven bicycles.
The three men arrested over the weekend were found with an undisclosed number of Government trophies in the Luswishi Game Management Area (GMA).
Police sources in Kitwe said that the three men are in police custody and would appear in court soon.

Share this post
Tags

About The Author