FIC says money laundering increased to K3b in 2020

FIC says money laundering increased to K3b in 2020

FINANCIAL INTELLIGENCE CENTRE SAYS SUSPICIOUS BANK TRANSACTIONS IN 2020 AMOUNTED TO K3 . 1 BILLION

The Financial Intelligence Centre. (FIC) has released the money laundering report for the year 2020.

The FIC, which is now under siege from the PF says the value of disseminated intelligence reports in 2020 increased to ZMW 3.1 billion compared to ZMW 984 million in 2019.

FIC says the predominant predicate offenses in 2020 have continued to be corruption and tax evasion as observed in the detailed statistics given in this report both for 2019 and 2018. The FIC further observed trends associated with cyber-crimes and the abuse of virtual currencies.

Share this post

COMMENTS

WORDPRESS: 10
  • comment-avatar
    Julie Mudenda 1 week ago

    K3bn? Is that all? I suspect a lot of suspicious activity reports have not been filed. The only thing suspicious is the K3bn figure. It is missing about three 000’ss

    We hope the new gov will implement RICO style laws meaning plea-bargain and immunity in extreme cases.

    Guys – if you know something…get the evidence. A website will become available very soon and you can send your data there. No one will know and if you are involved, you can ask for immunity in return for all the facts. But the website will never disclose you to anyone. We are building a mainframe that can not be hacked.

    Buy those flash drives – save emails, files, put in your computer and keep for your future.

    I am not a witch.

    Donchi Kubeba….!!!!!!

  • comment-avatar
    Nyambe the Hero 2 weeks ago

    This is why they want a third term. It is all about greed.

  • comment-avatar

    This is the least of Edgar Lungu’s worries. It’s for Zambians to worry about but not the PF.

  • comment-avatar
    Bundamafia 2 weeks ago

    One prophet did say  that , the way things are the Army might rule Zambia this time , august is the month for  Zambian to remember, for a long time things are not ok the leadership knows , most of their diplomats are even buying houses in other countries from the money the stole, most politicians won’t be allowed to enter, USA , and UK. After august that’s wat  kachepa said

  • comment-avatar

    12-08-2021

  • comment-avatar
    Buck teeth lungu 2 weeks ago

    12-08-2021

  • comment-avatar
    Buck teeth lungu 2 weeks ago

    Thank you pf

  • comment-avatar
    Buck teeth lungu 2 weeks ago

    This is the extend of open corruption by pf
    We want change = pf out +lungu

  • comment-avatar

    Where is Auditor General’s Report so that we see. The Constitution requires the Auditor General to have report on the Accounts of the Republic tabled by 30 June. In addition, the reports on the accounts of Local Authorities and Parastatal should be produced.

  • comment-avatar
    Citizen 2 weeks ago

    Three weeks more, and then we kick out these Kelenkas! They suffocated us for too much too long!