The Drug Enforcement Commission has recorded a warn and caution statement from Kasama Central Member of Parliament Geoffrey Mwamba in connection with the US$100,000 transaction at Finance Bank.
A warn and caution statement is usually followed by a formal arrest.
The warn and caution statement was recorded this morning at the DEC headquarters following Mwamba’a failure to disclose the source of the US$100,000.
According to DEC sapokesperson John Nyawali, Mwamba had earlier indicated that he raised the money after engaging in a foreign currency exchange transaction but failed to provide documents relating to the transaction to prove his claim.
He said Mwamba was last week given time to prepare adequately and come back with the necessary documents to prove his claims.
He was accompanied by his lawyers.
The Commission has so far seized two motors vehicles belonging to Christine Kaseba wife of PF leader Michael Sata in connection with the transaction and several people including PF leader and some Finance Bank Officials have since been interviewed.