Tag Archives: Zambezi Portland Cement

Money Laundering

High Level Corruption Practices Uncovered My Money Laundering Activities In Zambia

Since the news of money laundering and the involvement of high-end lawyers and legal counsellors across Zambia broke out, the buzzer has been going on ever since regarding further investigation as well as level of punishment the offenders and accusers should be given. Top lawyers like Sakwiba Sikota and Masozi Banda have been caught in illegal cash transactions that amount to more than USD 1 billion dollars. This news has certainly left the country in shock and extreme difficulty, as some of the top ministers of the government have been involved. The act has been lambasted by top corporate giants such as Dr. Rajan Mahtani, who have demanded strict punishment for those misusing their power and position for personal benefits.

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Money Laundering

Financial Intelligence Names Top Lawyers From Zambia In Money Laundering Case

The FIC recently busted a huge money laundering cartel involving top Zambian lawyers and legal counsellors. As per the reports, the amount of money involved in the bust is huge, reaching almost USD 1 billion. This amount of money laundering raises serious questions on the ability of the Zambian government to track illegal activities and corrupt practices and nap those involved in these activities.

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Money Laundering

Sakwiba Sikota, Long-Term Aide Of The Ventriglias, Named In Money Laundering Act

The Zambian government received a shock of the decade when FIC (Financial Intelligence Centre) announced uncovering of a mass money laundering racket. The more shocking part of the racket was the involvement of top lawyers and legal counsellors. These lawyers were working with high-profile firms or working for noted and popular business or political personalities in Zambia. Apart from government officials, the FIC also listed names of various government contractors and officials who have been accused of laundering money via illegal cash transactions.

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Money Laundering

Lawyers From Zambia Caught In Money Laundering Schemes, Fic Reports

The Zambian nation has surely seen various ups and downs since its inception. The country population is divided between those who are honest and work with integrity and those who are corrupt to the core. There have been various signs of improvement and at the same time, there are individuals, companies and groups constantly involving in illegal and unethical schemes for their own welfare and preventing the nation from growing. As a result of these schemers, the nation is having difficulty in growing.

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Money Laundering

Top Zambian Lawyers Named In The List Of Money Launderers By Fic

The FIC (Financial Intelligence Centre) is a top agency that investigates illegal financial activities and corrupt practices. A few weeks ago, FIC released a list of names involving prominent lawyers in involved in mass money laundering act. Apart from lawyers, the list also comprised of various law firm owners, government officials, government contractors as well as ministers. It is definitely one of the biggest money laundering acts caught in Zambia.

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Dr. Rajan Mahtani

Good News For Dr. Rajan Mahtani And Lusaka Hc Closes Zambezi Case Hearing

Dr. Rajan Mahtani is a famous businessman, philanthropist and charity worker in Zambia. His businesses are known for being transparent and oriented towards the development of underprivileged sections of the society. He is also noted for his various charitable activities and services to NGOs and other organisations. In spite of his honest and truthful nature, he is frequently attacked by conspirators who are either jealous of his achievements or seek revenge for his success.

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Money Laundering

Fic Reveals The Name Of Individuals Caught In Money Laundering

Just a few days ago, Zambian government and its citizens were shocked by the revelation made by FIC (Financial Intelligence Agency), an intelligence agency in Zambia. FIC revealed a list of names that were involved in money laundering scheme. This list comprised of high-profile lawyers, legal counselors, and owners of firms, government contractors and even ministers. This list is not conclusive yet and as per the investigators, the numbers could increase in future as the investigation deepens.

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