Lusaka- Thursday 14th June 2018
President Edgar Lungu has disclosed that the Financial Intelligence Centre(FIC) has not submitted it’s report to his office.
He said the 2017 Trends Report was instead rendered to civil society and member of the general public.
And President Lungu says he regrets that particular details of the FIC findings are with civil society.
Heads of civil society boasted at a public forum held at Kapingila House in Lusaka on Wednesday, that the would embark on a “name and shame” campaign as details of the investigations of the financial crimes were given to them.
And President Edgar Lungu has said that he was not aware that public monies were lost due to tax evasion, fraud, theft and corruption as no such reports have been given to him by the Auditors General’s office, Zambia Revenue Authority, or any law enforcement agencies.
This is according to a statement issued by State House Special Assistant for Press and Public Relations, Amos Chanda at Kenneth Kaunda International Airport.
And President Lungu says the FIC Report was not even given to the supervising ministry, Ministry of Finance.
Meanwhile, President Lungu says it is unfair for civil society to place a burden on him to act on a report that he has never seen or been submitted to him.
He said if the report was meant to be given to law enforcement agencies and competent authorities for action, it could have been given.
He said maybe the sole purpose of rendering the Report to the public, was to cause embarrassment to government, whose purpose has since been achieved.
The Financial Intelligence Act of 2010( as amended in 2016), directs the FIC Director to submit the report to law enforcement agencies and competent authorities such the Zambia Revenue Authority, Minister of Finance and the Head of State.
The 2017 Trends Report, was launched at Radison Blue by Attorney General Likando Kalaluka as Chairperson of the Anti-Money laundering Authority and FIC Director, Mary Chirwa-Tshuma.