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The National Prosecutions Authority (NPA) has announced that it has recovered over US$30.9 million in forfeitures from multiple high profile cases in the last one month.
Among those involved in the said cases include former Konkola Copper Mines (KCM) provisional liquidator, Milingo Lungu who forfeited US$24million.
The other cases include that of Adel Micheal Botros and other parties that were involved in the gold scam at Kenneth Kaunda International Airport among others.
NPA Public Relations Officer, Chali Hambayi, said this in a statement issued in Lusaka on Tuesday.
“In diverse cases involving mostly foreign nationals, the Director of Public Prosecution (DPP), Gilbert Phiri, also secured forfeitures totaling US$1.8 million, €32,000, £8,139 and K1,320,” Hambayi said.
He added that the state had released the chartered plane used in the Gold scam to the rightful owners.
“The release of the plane is as a result of the third-party claim at the Lusaka High Court with documentary proof of ownership as provided for under the Forfeiture of Proceeds of Crime Act Number 19 of 2010,” Hambayi stated.
He said investigations pertaining to the ownership of the subject aircraft revealed that it was indeed chartered and, therefore, the State had no further action to pursue in this regard.
Hambayi added that the unprecedented recoveries not only demonstrate the State’s dedication to justice, but also the importance of asset recovery as a potent alternative to the traditional criminal prosecution system.
“These forfeitures not only mark a significant and unprecedented financial recovery for the State, but also underscores the Authority’s commitment to fiscal prudence and accountability,” he stated
Hambayi assured the nation that the authority, would continue to be proactive in combating financial crimes.
He said the Authority was facilitating these forfeitures to the State who would redirect the resources towards national development.
“By so doing, the Authority is not only upholding the rule of law but also contributing to economic growth and national development,” Hambayi stated.
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