Former president Rupiah Banda has been arrested for allegedelly concealing nine (9) stolen trucks.
Mr Banda appeared before the police at Drug Enforcement Commission Offices this (Monday) morning.
He has been released on police bond.
Information in the hands of the Zambian Watchdog show that the second-hand Bedford trucks were bought for campaigns in the 2011 general elections.
The nine (9) light trucks are said to be valued at K471 million which he allegedly received from a Chinese construction company.
Particulars of the charge are that Mr Banda ‘on dates unknown but between 1st January 2011 and 30th August 2011 received the nine trucks which property was obtained as gratification from SOGECAO Zambia limited a subsidiary of Anui Foreign Economic Construction company, the company that constructed Levy Mwanawasa stadium in Ndola.’
He is alleged to have concealed the receipt of the nine trucks by registering them in the names of other people connected to him.
Joint Government Investigations team Spokesperson Namukolo Kasumpa later told journalists that former republican president had been formally charged with concealment of nine light trucks that were used as campaign material by the MMD in the run up to the 2011 general elections.
Kasumpa explained that president Banda who will appear in court on 30th April 2013, has been released on bond of Kr 500 rebased and two working sureties.