Lusaka banker arrested for money laundering

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—-The Drug Enforcement Commission (DEC) has arrested a 44-year-old banker of Lusaka for money laundering activities involving over K700,000.


Alex Mulenga Kasepa has been arrested for theft by public servant, forgery, altering false documents, obtaining money by false pretences, destroying materials and money laundering contrary to the laws of Zambia.


Particulars of the offense are that Mr Kasepa, on dates unknown but between January 1, 2012 and September, 2014 whilst acting together with other persons unknown, in his capacity as a clerk, did steal a total sum of K745,000 belonging to four bank customers by forging cheques and cash withdrawal slips and consequently altering them to the bank tellers and purporting to be cashing for the owners of the accounts when infant not.


Mr Kasepa further obtained a cheque book belonging to one of the account holders without lawful authority from the owner of the account or the bank and kept it to himself thereby permanently depriving the account holders of their money.

He will appear in court soon.


This is contained in a statement released to ZANIS by DEC Public Relations Officer, Theresa Katongo.