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Zambia

Cabinet approves anti-money laundering and terrorism policy ~

Written by Brian Mually The Council of Ministers approved the national policy to combat money laundering, financing of terrorism and its proliferation, and its implementation plan. The government’s chief spokesperson, Choshi Kasanda, said the Cabinet’s decision was due to the spread of vices such as corruption, tax evasion, drug trafficking, theft and fraud. Ms. KASANDA […]

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Zambia

Dubai Economic Council confiscates 18 vehicles from three directors of the National Housing Empowerment Fund accused of money laundering including K36million – Mwebantu

The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit has arrested Eric Ndhlovu 28, a stock clerk at the Financial Intelligence Center (FIC) for money laundering involving K108,000. Hussain Khan, Public Relations Officer at the Dubai Economic Council, said Ndlovu, from Lusaka’s Lailai district, had been charged and arrested on charges of forgery […]

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Zambia

Clerk arrested in FIC stores for money laundering involving more than K100,000. – Moibantu

The Drug Enforcement Commission (DEC) through its Anti-Money Laundering Investigations Unit has arrested Eric Ndlovu 28, a stock clerk at the Financial Intelligence Center (FIC) for money laundering involving K108,000. Hussain Khan, Public Relations Officer at the Dubai Economic Council, said Ndlovu, from Lusaka’s Lailai district, had been charged and arrested on charges of forgery […]

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Zambia

Dubai Economic Council confiscates 18 vehicles from three directors of the National Housing Empowerment Fund accused of money laundering including K36million – Mwebantu

Thirteen people including five juveniles were injured during a stampede at Solwezi Town Center during oral interviews for employment opportunities at the Zambia Correctional Service. The accident happened yesterday morning at around 06:00. Police spokesman Ray Hamunga said the incident occurred when about 300 candidates who applied for work at the Zambia Correctional Center made […]

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Zambia

DEC arrests NHEF directors for money laundering involving K36m

The Drug Enforcement Commission (DEC), through its Anti-Money Laundering Investigations Unit, has arrested three directors of the National Housing Empowerment Fund (NHEF) for money laundering involving CZK 36 million. In a statement, Wednesday, DEC Public Relations Officer Hussain Khan said that Kamphembele Ngulube, Margaret Mabingo and Lusuntha Ngulube have received C$36 million from members of […]

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