The PF regime will this week fire Financial Intelligence Centre Executive Director Mary Chirwa. The Watchdog has been briefed that the decision to fire Chirwa was reached today during a meeting that ended at 15 hours.
Last week, the FIC released the 2018 money laundering/terrorist financing trends report which revealed that Zambia incurred losses estimated at K6.1 billion linked to financial crimes such as Tax evasion, fraud, corruption and money laundering activities.
The FIC did not mention any names but the guilty have been having sleepless nights and engaging themselves in condemning the FIC board and management.
FIC Director General Mary Chirwa said during the launch of the report that the Center analyzed 176 suspicious transactions of which 80 were disseminated to law enforcement agencies on suspicious covering tax evasion, fraud corruption and money laundering.
Ms. Chirwa said the most prevalent forms of corruption noted in 2018 were those involving bribery and conflict of interest.
She said during the year, the Center disseminated reports on corruption with estimated value of K4.9 billion with public procurement activities bein