Q FM Africa's Modern Radio
The Drug Enforcement Commission through its Anti-Money Laundering Investigations Unit has arrested a 27 year-old Banker of Ndola for money laundering activities involving over $7, 000 United States Dollars.
Commission Public Relations Officer Theresa Katongo in a statement says Musonda Chitambo, 27, a banker of House No. 26 Malile Road, Ndeke Township in Ndola has been arrested for fraudulent false accounting, stealing by clerks and money laundering contrary to the laws of Zambia.
Ms Katongo says particulars of the offence are that Chitambo Musonda whilst acting in his capacity as a Teller in Charge at a named local bank in Ndola, on dates unknown but between 1st May, 2014 and 31st December, 2014 defrauded his employers by stealing monies amounting to $7, 250 United States Dollars.
She says the suspect stole the money by making false entries in the Vault Register Book indicating that the balance in the vault register was tallying with the physical cash when in fact the money was less.
Ms Katongo adds that Musonda Chitambo further laundered the said stolen funds by purchasing a Toyota Camry which has since been seized by the Commission.
The suspect is currently on Police bond and will appear in court soon.