Q FM Africa's Modern Radio
The State has possessed the k65 million, 57, 900 united states dollars and property from Faith Musonda.
In a statement availed to q news, acc public relations officer Jonathan Siame says the joint investigative team from the anti-corruption commission, Zambia police service, drug enforcement commission and financial intelligence centre has since concluded investigations involving Margaret Chisela Musonda, alias Faith Musonda in which she was found in possession of ZMW 65, 333, 046 and us$ 57, 900 which was discovered in a house in new Kasama.
Mr. Siame further announces that on Friday 15th October 2021, the state, using section 80 of the anti-corruption act no.3 of 2012, entered into an undertaking not to institute criminal proceedings against Ms. Musonda on condition that she fulfils the requirements of section 80 of the anti-corruption act no3. of 2012, which she did.
section 80 of the act allows the state to grant amnesty to accused persons in certain instances on condition that they admit wrongdoing and return what they wrongfully acquired through corrupt practices.
Mr. Siame therefore states that as required by law, Ms. Musonda has since made a full disclosure of the monies in question and has willingly surrendered the same to the state.
He says Ms Musonda was charged with possession of property reasonably suspected to be proceeds of crime contrary to section 71 of the forfeiture of proceeds of crimes act no.19 of 2010.
he adds that the state has also taken possession of the house in new Kasama, in which the money was found and the house is valued at k 6 million owned by Ock investments limited, a company in which ms. Musonda is a majority shareholder.
Mr. Siame says the property was reasonably suspected to have been proceeds of crime but after fulfilling the requirements of section 80 of the anti-corruption act no. 3 of 2012, the state undertook to not institute criminal proceedings against the company.
he states that Ms. Musonda has since made a full disclosure of OCK limited’s property and willingly handed it over to the state.
He has since disclosed that the joint investigative team is working timely to recover suspected illegally obtained assets and funds, and will continue to pursue all available avenues to speed up the process of recovering assets and other proceeds of crime.
Mr Siame has urged all well-meaning Zambians who have any information with regard to any suspected illegally obtained assets to come forward and report to any of the institutions aforementioned.