Ex-Zambia Sugar employees jailed for money laundering

The Lusaka Magistrate court has sentenced three former employees of Zambia Sugar Company to five years imprisonment with hard labour after finding them guilty of money laundering activities involving over K147 million.

Geofrey Bwalya an accounts officer was sentenced together with Josia Dokowe an accounts clerk and Michael Chisangano a marketing assistant and all based at the head office in Mazabuka.

Facts before the court were that the duo whilst acting together did steal over K147 million kwacha from Zambia Sugar by forging receipts and other documents.

The trio stole the money which came into their possession by virtue of their employment.

The three were arrested in 2006 by the Anti-money Laundering Investigations Unit of the Drug Enforcement and were charged with three offences of theft by servant, forgery and money laundering.

Meanwhile, The Drug Enforcement Commission has arrested two directors at a private company for issuing cheques amounting to over K200 million on an insufficiently funded account.

DEC public relations manager John Nyawali named the two as Kunda Newton Silwenga 37 and Thomas Mushibwe. He said the two directors of Easy Fuel Solution Limited issued two cheques amounting to K260 million to their partner which cheques bounced contrary to the National Payment Systems Act of 2007.

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