Monday, April 29, 2024

Featured Video

Latest Stories

Top 10 Music

Upcoming Events

Fact Up Night

Sat, 04 May 2024 20:00:00 UTC @ Club Casaulina - On 4th May 2024 Achina Gattah Ase and Gibo Pearson will be performing live for Fact Up Night at Club Casaulina in Lilongwe Area 25. The event will start from 8 PM till late More Info
Kapadocia Live In Mzuzu

Sun, 05 May 2024 13:00:00 UTC @ Rose Chanaichi's Gardens - Kapadocia will be performing live in Mzuzu Area 4 at Rose Chanaichi's Gardens on 05 May 2024. He will be supported by Rose Chanaichi Kayira, Motte Jez, Esther Mashani, Chipha Dada, Dele... More Info

Zambia ex-minister arrested, assets seized over graft

Zambia’s Drug Enforcement Commission (DEC) has arrested former Foreign Affairs Minister Joe Malanji over money laundering charges.

The anti-money laundering agency also seized Malanji’s two helicopters on Wednesday.

The 56-year-old is suspected of having used proceeds of crime to upgrade his Gibson Royal Hotel situated in the country’s mineral-rich Copperbelt Province.

“In the second count, Malanji is believed to have procured a helicopter, namely Bell 206 Jet ranger at $700,000, property suspected to be proceeds of crime,” DEC said in a statement on Wednesday.

The hotel has since been seized with the helicopter registered in South Africa.

Zambia’s new President Hakainde Hichilema has launched an anti-corruption campaign, vowing to recover all allegedly looted resources by the previous regime of Edgar Lungu, who lost power in the August 12 general election.

But the opposition accuses him of doing little to stem graft seven months after taking the reins, adding that his drive was politically motivated.

Zambia is in a multibillion-dollar debt crisis that has forced it to seek help from the IMF.

Subscribe to our Youtube Channel:

Related Posts

Chisomo Kambale
Chisomo Kambalehttp://faceofmalawi
Writer, Journalist, Videographer, Voice-Over Artist

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles