Milingo Lungu formerly arrested

Milingo Lungu formerly arrested

Milingo Lungu is currently serving as board Chairperson for National Airports Corporation Limited.

GOVT TO DECIDE ON ARRESTED KCM LIQUIDATOR

Muvi TV

Government says it is yet to decide the fate of Konkola Copper Mines-KCM-Provisional liquidator, Milingo Lungu following his arrest by the Drug Enforcement Commission- DEC-on money laundering charges.
Minister of Mines Paul Kabuswe says Government is carrying out legal consultations on the matter.

The DEC have charged Mr. Lungu for alleged money laundering involving K110.4 million, US$250,000 and US$2. 2 million.
The total Kwacha equivalent is about 150 million Kwacha.

It is alleged that between May 22, 2019 and August 15, 2021, Mr. Lungu while acting together with others unknown obtained money by false pretenses and also engaged in money laundering.
The total Kwacha equivalent is about 150 million Kwacha.

It is alleged that between May 22, 2019 and August 15, 2021, Mr. Lungu while acting together with others unknown obtained money by false pretenses and also engaged in money laundering.
DEC Public Relations Officer, Mathias Kamanga says Mr. Lungu obtained the said money by virtue of being the provisional liquidator for Konkola Copper Mines-KCM.

Mr. Lungu has since been released on police bond and will appear in court soon.
He is being represented by Lusaka Lawyer Makebi Zulu.

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