Samuel Inyambo Muhau 56, of stand No.29/25, off Vubu road, Emmasdale on dates unknown but between 1st October 2012 and 6th August, 2013 jointly and whilst acting together with other persons unknown did forge a letter of Guarantee for 1.2 million US dollars.
The said letter was purported to have been authored by the Governor for the Central Bank of Nigeria which he uttered to a named bank in Lusaka and attempted to obtain a loan using the said forged Guarantee.
Muhau further obtained money amounting to K2, 000 by using the forged Bank Guarantee from a prominent Lusaka businessman.
And in a related development, the Commission has arrested and jointly charged three male persons for fraudulent false accounting, theft by agent and theft.
Those arrested and jointly charged include are Christopher Mulenga, 39, a Banker of Flat No. 4D, Civic Centre, Humphrey Kapambwe, 33, a businessman of Kabwata Estates and Augustine Kapambwe, 46, a businessman of Plot No. 5011 Makeni, LUSAKA.
Particulars of the offence are that Christopher Mulenga a banker at Stanbic Bank Lusaka branch between 1st September, 2011 and 31st July, 2013 jointly and whilst acting together with Humphrey Kapambwe and Augustine Kapambwe fraudulently made false entries in the books at Stanbic Bank by debiting the bank charges account and crediting the account in the name of Noveltech with over K542, 000 belonging to Stanbic Bank.
The money was later withdrawn from Noveltech account by Humphrey Kapambwe and Augustine Kapambwe, the directors and signatories to the joint account.
All suspects have been released on bond and will appear in court soon.
This contained in a statement released to Qfm by DEC deputy public relations officer, Theresa Katongo.