TWO former MTN employees of Lusaka have been arrested by the Drug Enforcement Commission (DEC) for alleged money laundering activities involving K1.3 million.
DEC public relations officer Theresa Katongo named the duo as Shadreck Lungu, 40, of Plot No. 12865 in Lusaka’s 6 miles area and Zachariah Zulu, 43, of Plot No. 1091, Salama Park in Lusaka.
The duo has been arrested for alleged theft by servant, fraudulent false accounting and money laundering.
Particulars of the offence are that the duo while acting together with other persons unknown on dates unknown but between January 1, 2012 and December 31, 2012 are accused of having stolen K1.3 million from their employer at the time; MTN Zambia.
It is alleged that the duo diverted cheque payments made by a named dealer, a client of MTN and credited two accounts of other MTN distributors purporting to be buying stock on behalf of the named dealer when in fact not.
The suspects were alleged to have collected the stock from MTN warehouse for their benefit thereby permanently depriving their employer of the proceeds of sale.
Ms Katongo said the suspects were currently on police bond and would appear in court soon.
And in a related development, Ms Katongo said the commission has arrested David Chiyesu, 49, a businessman of Plot No. 37004, Chilenje South in Lusaka for alleged forgery, uttering of false documents and obtaining money by false pretences. Particulars of the offence are that Chiyesu, purporting to be a Commissioner of Oaths, jointly and while acting together with George Banda, Richard Chisenga and other persons unknown between February 1 and August 21, 2014 allegedly forged a letter of transfer of funds amounting to K38, 000 from Nemerit Company’s account to Banda’s domiciled at a named international bank where the funds were withdrawn.
The suspect is currently on police bond and will appear in court soon.