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Chief Cashgate convict Oswald Lutepo has said he is not satisfied with the 11 year jail sentence handed down to him by the Zomba High Court Judge Redson Kapindu on the three counts he pleaded guilty of in the plunder of public funds at Capitol Hill dubbed cashgate.
He said this to the press just after his sentencing at the Zomba High Court this afternoon.
Lutepo who looked so touched and very angry with the Judgement, accused the presiding Judge of concentrating on the negative aspects of his case.
The High Court has sentenced Lutepo to eleven (11) years imprisonment with hard labour (IHL) for conspiracy to defraud government and money laundering K4.2 billion.
Conspiracy to defraud government attracts a maximum sentence of three years IHL while money laundering attracts a maximum penalty of ten (10) years IHL.
On the first count, both the state and defence wanted one year jail term, but Justice Redson Kapindu slapped Lutepo with three years IHL due to the gravity of the case and the suffering the case has inflicted on the society.
On the second count, Justice Kapindu slapped Lutepo with eight years IHL, considering that Lutepo cooperated with the state in giving information and that he restituted his property worth K370 million.
Kapindu said he has handed down the stiff punshment on Lutepo considering the seriousness of the case.
The sentences will run consecutively, and are effective June 11 2015 when Lutepo was convicted.
