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The Drug Enforcement Commission (DEC), has arrested and charged a Credit Supervisor for alleged fraud and money laundering involving over $400, 000.
DEC Public Relations Officer, Hussein Khan, said Peter Muche, aged 50, on dates unknown but between January, 1, 2019 and December, 31, 2019, while employed as a credit supervisor at a known company made false entries in the books of accounts of the company and stole $409, 565.
Khan in a statement issued in Lusaka on Saturday morning, said Muche further engaged in money laundering involving the $409, 565 proceeds of crime.
He said in the course of investigations, the Commission seized eight flats in Lusaka’s Lilayi area, a plot in New Kasama and a Toyota Corolla registration number BAD 6129.
“Muche has been charged with, Fraudulent False Accounting contrary to section 326 of the Penal Code Chapter 87 of the Laws of Zambia, Theft by Servant contrary to section 278 of the Penal Code,” Khan said.
He added that Muche had also been charged with money Laundering contrary to section 7 of the Prohibition and Prevention of the Money Laundering Act number 14 of 2001 as amended by Act number 44 of 2010.
According to Khan, the suspect had been further charged with being in possession of property suspected of being proceeds of crime contrary to section 71 of the Forfeiture of Proceeds of Crime Act number 19 of 2010.
Muche, the statement noted, had been released on bond and will appear in court soon.
“In another matter, the Anti-Money Laundering Investigations Unit on the Copperbelt has arrested and charged a Zambian national for fraud and money laundering in an alleged gold scam,” Khan said.
He said Samuel Manda, aged 46, had been charged with obtaining money by false pretences contrary to section 309 of the Penal Code and Money Laundering.
“Particulars of the matter are that Samuel Manda on dates unknown but between 1st September, 2023 and 31st October, 2023 jointly and whilst acting together with others unknown fraudulently obtained USD 65, 000 from Michael Barketey purporting that they would supply him with 20 kilogrammes of gold when in fact not,” Khan said.
Manda, he noted, had further been jointly charged with four Congolese nationals namely Christian Kabwe, aged 41, Oliver Salumu, aged 49, Tonny Kadima, aged 57, and Jannick Mukenge, aged 57, for Possession of Property Suspected of being Proceeds of Crime.
Khan said this was after they were found in possession of 77 bars of suspected gold.
“Two motor vehicles have been seized in relation to this matter; a Toyota Hilux registration number BCE 9446 and a Toyota Mark X registration number BCF 7213,” he said.
Manda has been released on bond while the four Congolese nationals are detained in lawful custody and would appear in court soon, according to Khan.
He added that the Commission was concerned with the high incidents of fraud in the country and it was urging members of the public to be vigilant and exercise the utmost caution before parting with their hard earned money.
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