An accountant Billings Mwale working for Eastern Water And Sewerage Company in the Eastern Province has been arrested by the Drug Enforcement Commission for money laundering activities involving over 700, 000 kwacha.
Particulars of the offence are that, Mwale on dates unknown but between 1st August, 2014 And 31st August, 2016, did steal the money in question held at Three Local Commercial Banks using the company’s cheques and funds transfer letters.
Mr. Mwale later acquired a residential plot in Mambwe District Of Eastern Province and built a house in Zani-Moune area of Lusaka Province.
He Appeared In Court On 28th November, 2016 And Pleaded Not guilty and currently on bail. Trial will commence on 28th December, 2016 in the Chipata Magistrate’s Court.