Zambia ex-minister arrested, assets seized over graft
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Loading... - Ngina Limo
- 24 Mar 2022
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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 Mr 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, Mr 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. Read More...
