Lusaka, Saturday 19th February 2011.
The Drug Enforcement Commission has arrested a Director of Sapitwa Finance Limited a private finance leasing company for swindling farmers of over K500 million.
Sikambala Musune, 38 on dates unknown but between 1st January 2007 and 31st December 2009 falsely obtained a total of K510 million from some small scale farmers in Mazabuka, Mumbwa and Kabwe districts in pretext that he was going to supply them with agricultural equipment.
Mr. Musune obtained the money from unsuspecting farmers as security deposit fees for his company to facilitate for the acquisition of the equipment from a named commercial bank.
The arrest of Mr. Musune comes barely a week after proprietor of Corporative Credit Scheme limited was arrested for swindling a fertilizer company and some farmers in Mkushi district of K2.5 billion which figure has now increased to K5.1 billion.
The figure has increased after more farmers in Serenje, Kapiri Mposhi, Kitwe and Chibombo districts as well as those from Southern Province reported to have been swindled by Douglas Chomba, proprietor of the company
Mr. Chomba is believed to have falsely obtained maize grain from farmers in Serenje district valued at over K1.4 billion where as in Southern Province he obtained maize valued at over K400 million.
In Kapiri Mposhi district he obtained maize valued at K209 million while in Kitwe and Chibombo districts he obtained the grain worth K50 million.
Mr. Chomba still remains in custody after failing to pay K20 million for bail and providing three working sureties from government departments.
Meanwhile, 59 people were arrested countrywide in the last seven days for trafficking in different quantities of cannabis amounting to 793 kilograms.
Among those arrested are two businessmen of Lusaka who were found with over 300 kilograms of cannabis which was detected by sniffer dogs at a road block mounted in Kapiri Mposhi district.
The psychotropic substance was discovered on a Lusaka bound Germins Bus coming from Northern Province.
Public Relations Manager
Drug Enforcement Commission