THE Drug Enforcement Commission (DEC) has arrested three former employees of Alfred H. Knight Ltd of Kitwe for money laundering activities involving K1.3 billion. Masautso Phiri, 32, an accountant of 13 Maina Soko, Kalulushi, Mutale Sampa, 30, also an accountant of 218 Central Street, Nkana East, Kitwe and Torcisio Chanda, 34, an information technologist of Mununga Flats Parklands, Kitwe, have been arrested and jointly charged for obtaining money by false pretences, forgery and uttering of documents contrary to Cap 87 of the Laws of Zambia.
DEC Assistant Public Relations Officer Theresa Katongo said in a statement that particulars of the offence were that the three whilst still employed by Alfred H. Knight Ltd between January 2010 and June 2011 did write cheques amounting to K1.3 billion in their names and companies owned by friends and relatives.
“The trio later collected cash from these companies and cashed cheques in their names at a named bank where Alfred H. Knight Ltd has an account. The suspects were also scanning signatures for Company’s bank signatories,” Ms Katongo said.
In a separate incidence, the Commission has arrested Sylvester Besa Kasepa, 32, an accountant residing at 9813/06 Alex Chola Road, NyumbaYanga, Lusaka for theft by servant contrary to section 278 of Cap 87 of the Laws of Zambia and Money Laundering. “Particulars of the offence are that Sylvester Kasepa Besa, whilst acting together with unknown persons did steal three cheques amounting to K189, 000,000 which were paid to Pegasus Energy by Roadways Bus & Truck Limited,” she said.
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