Ndola based accountants arrested for laundering K200m

DEC spokesperson John Nyawali

DEC spokesperson John Nyawali

The Drug Enforcement Commission has arrested three accountants  and an administrative manager at the Ndola  District Health Management Team for Money Laundering involving over K200 million.

The four were arrested for various money laundering activities amounting to a total of K 285,928,493 of public funds.

DEC spokesperson John Nyawali named the suspects as Dennis Katebe, 37, Kennedy Masela, 36, Ignitius Chikoti,36, and Robert Hantebe, 45, all of Ndola district.

Nyawali explained that the suspects  laundered government funds by not banking user fees and by misappropriating housing allowances meant for the Ministry of Health employees in the district.

He said they have been released on Bond and will appear in court soon.

Meanwhile, a 25 year old businessman of Lusaka has been arrested for defrauding a renowned commercial bank of K62 million, said Nyawali.

“Emmanuel Simbeye, defrauded the bank by transferring the mentioned amount to several accounts held with other banks after being issued with an – in house cheque”, said Nyawali adding that Simbeye has been denied police bond and will appear in court soon.

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