A Lusaka businessman and a banker have been arrested by the Drug Enforcement Commission’s Anti-Money Laundering Investigations Unit.
The businessman, Richard Mutela, 41, faces a slew of charges, including forgery, money laundering, and unauthorized access to sensitive information.
Mutela is accused of forging 25 Green National Registration Cards, using them to open a fraudulent account, and carrying out unauthorized ATM transactions.
Authorities seized evidence include forged documents, ATM cards, and substantial sums of money.
It is reported that Mutela opened an account using a forged identity, subsequently conducting transactions that yielded a staggering balance of K198,020.
The saga doesn’t stop there, as the Anti-Money Laundering Investigations Unit also apprehended Sailas Singogo, a 29-year-old banker from a prominent commercial bank.
The charges against Singogo mirror a similar pattern of deception, with allegations of fraudulent accounting and theft by a servant, compounded by money laundering.
Authorities claim that Singogo artfully diverted K403,650.17 into his personal accounts, all the while manipulating records to camouflage his illicit activities.
By Moses Makwaya
Kalemba August 31, 2023