By Staff Writer
The Drug Enforcement Commission has arrested a former Zanaco female employee of Lundazi for money laundering activities involving over K500, 000.
DEC through its Anti-Money Laundering Investigations Unit in Eastern Province Phanny Chaponda.
Public Relations Officer Theresa Katongo said the Chaponda 34, of house No. RR 15, Kanjala Compound in Lundazi has been arrested for theft by public servant and money laundering, contrary to the laws of Zambia.
Ms Katongo said Chaponda on dates unknown but between May 1, 2017 and December 31, 2018 in her capacity as an Assistant Preferred Banker at Zanaco Lundazi Branch did steal K573, 910.50 which she fraudulently transferred from various dormant accounts into two accounts she had access to and later withdrew the funds via Automated Teller and Point of Sale Machines.
She said Chaponda further bought two plots in Lundazi and built two houses on one of them.
“She also purchased a car, a Toyota Allion ARB 3604 ZM and a 49 Inch LG LED TV. Also seized during investigations are several accounts with about K170, 000.00 linked to this fraud. She has since been released on Police bond and will appear in court soon,” she said.
