DEC says has arrested 2 people mentioned in latest FIC money laundering report

DEC says has arrested 2 people mentioned in latest FIC money laundering report

DEC SAYS HAS ARRESTED 2 PEOPLE MENTIONED IN LATEST FINANCIAL INTELLIGENCE REPORT

The Drug Enforcement Commission (DEC) has wasted no time in acting on the findings of the Financial Intelligence Centre (FIC), with director general Mary Chirwa saying two people have already been arrested based on data provided by the unit.

FIC on Thursday released its trends report dubbed “cash bonanza”, which highlighted the unusual and unprecedented cash transactions from last year as people opted to keep huge sums of money home, which, though not illegal in itself, raised a lot of suspicion.

The report, which FIC acting director Liya Tembo dedicated to Ms Chirwa, who is the immediate-past head of the financial intelligence unit, revealed that 211 suspicious transactions were analysed, out of which 44 intelligence reports were disseminated to law enforcement agencies.

Ms Chirwa said DEC is invigorated and will pursue anyone who robs citizens of their money. “Now that I am at the DEC which has more powers [than FIC], we will not disappoint Zambians.
Daily Mail

Financial Intelligence Centre director general Mary Chirwa speaks during the Parliamentary Select Committee of the National Assembly in Lusaka on September 24, 2019 – Picture by Tenson Mkhala

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