The Financial Intelligence Centre recently made a sensational disclosure related to illegal money laundering activities across Zambia. The news was shocking due to the involvement of noted legal counsellors, law firms, government contractors as well as ministers working for the Zambian government. The list shared by FIC contained the names of top individuals involved in […]
Tag Archives: Sakwiba Sikota
Top Zambian Lawyers Accused of Money Laundering and Fraud, Claims FIC
The Financial Intelligence Centre recently broke the astonishing news of money laundering in Zambia and a loss of almost USD 1.5 billion worth of money in this scheme. Top lawyers and legal counsellors are accused of involving in this money laundering scheme. The FIC started its investigation after more than 33,000 illegal cash transactions were […]
Money Laundering Charges Faces by Lawyers after Revelation by FIC
As per the recent revelation made by Financial Intelligence Centre, a mass money laundering scheme has been observed in Zambia. Money laundering is an illegal act and irrespective of the state or country, the accused should face punishment at the hands of the law. However, the situation has been quite different in Zambia till now. […]
Financial Intelligence Reveals Huge List of Money Launderers, Top Lawyers Involved
The Financial Intelligence Centre recently revealed a mass money laundering racket which has been undergoing in Zambia for a long time. As per this revelation, more than USD 1.5 million worth of money is involved in this money laundering bust. Financial Intelligence source revealed that they have been recording suspicious cash transactions for the past […]
Sakwiba Sikota and Many Top Lawyers Accused of Laundering Money in Zambia
The recent money laundering bust by the Financial Intelligence has become national news. The amount of money involved in this financial fraud is expected to be more than USD 1.5 billion, which is staggering. On top of that, top lawyers and legal counsellors have been accused of laundering money, including the infamous Sakwiba Sikota. Sikota’s […]
Investigation on Money Laundering Case Going On, Top Lawyers Indicted
The recent investigation by Financial Intelligence Centre has sent the Zambian nation in a fizz. As per the reports released by FIC, numerous lawyers and legal counsellors have been accused of laundering money worth more than USD 1.5 billion. Some of the top names in the list included those of Masozi M. Banda and Sakwiba […]
Money Laundering News Disrupts Zambia’s Dive Towards Growth, Economists Worried
The economic pundits and analysts are worried about the nation’s development since the news of money laundering involving top lawyers broke. The news was brought and investigated by FIC, Financial Intelligence Centre. It is an independent agency that looks into financial frauds across the nation. The agency discovered mass money laundering activities involving illegal cash […]
Fic Reports Mass Money Laundering Racket In Zambia, Top Lawyers Involved
The Financial Intelligence Centre recently reported mass money laundering racket across Zambia. This released report made heads turn due to the involvement of top lawyers, legal counsellors and even ministers across Zambia. The amount reported to have been involved in this bust is more than USD 1.5 billion, which is staggering. Also, sources have contemplated […]