Zambia: Two arrested for money laundering
WILLIAM TEMBO and LYSON BANDA of MATAMOSE Pharmaceuticals are alleged to have swindled an international bank of over K150 million by pretending that they had won a contract to supply medical equipment to a government hospital.
DEC Public Relations Manager JOHN NYAWALI confirmed the arrests in a statement to ZNBC news Thursday morning.
Mr. NYAWALI said the two forged documents from the hospital to support their claims and obtained a loan from the bank, but diverted the money for personal use.
They have been released on bond and will appear in court soon.
And the Commission has arrested a 29-year-old travel consultant of Lusaka for aiding a suspect to escape from lawful custody.
MELANIE MASHILI forged signatures and an introductory letter from her employers to secure the bail of RITCHIE MUYA who was remanded for money laundering activities and is currently on the run.