A-27-year old National Bank teller is in Police custody in Mangochi for allegedly stealing K36 million.
Mangochi Police Public Relations Officer Roderick Maida confirmed of the arrest and identified the suspect as James Nansongole.
Maida said the suspect had been fabricating transactions without corresponding cheques and vouchers to withdraw millions of kwacha for personal use since January 2015.
“This was discovered by new management and when quizzed the suspect failed to account for the cash,” Maida said.
The suspect will appeared before court Tuesday to answer charges of fraudulent false accounting and theft by servant contrary to sections 335 and 286 of the penal code respectively, according to Maida.
Maximum penalty for theft by servant is 14 years Imprisonment with Hard Labour-IHL whilst fraudulent false accounting attracts a maximum penalty of 7 years IHL.
Nansongole hails from Masuku Village Traditional Authority Kadewere in Chiradzulu.mana