By BUSIKU MOOBELA –
THE Drug Enforcement Commission (DEC) has arrested a Lusaka banker for stealing more than K16.8 million from his employers.
The DEC Anti- Money Laundering Investigations Unit, charged Kondwani Mhango for fraud and money laundering involving more than 16.8 million Kwacha.
DEC public relations officer Hussein Khan said that Mhango, aged 35 while employed as a banker at a known commercial bank jointly and while acting with other unknown persons between May 1, 2020 and November 30, 2022, fraudulently gained access to the bank’s suspense account and stole funds amounting to K16,805,281.