This list comprises of top lawyers, legal counsellors, government officials and even some ministers. As per the FIC officials, the investigation started when more than 35,000 cash transactions were suspected from the corporate and individual bank accounts of the lawyers. These cash transactions were all the more active during various illegal campaigns and activities occurring across Zambia, such as the illegal presidential campaigns. As such, the agency started to track these transactions are found that the money was wired to international bank accounts in Dubai and China, which are notoriously known as safe havens for illegal money.
Among the names listed as per the FIC, one stood out. It was Sakwiba Sikota’s name. He is notorious for his long-term connections with the Ventriglias and helping the family to escape law and prosecution at several occasions. Dr. Rajan Mahtani, a noted businessman and charity worker, has been engaged in a legal turf with the Ventriglias for the legal ownership of Zambezi Portland Cement and Sakibwa Sikota is spearheading the case from the Ventriglias’ end. Till now, the case is still hanging at the court with no relief for the factory or Dr. Mahtani.
This money laundering bust might have various ramifications for those involved and they are expected to face legal and criminal charges for their involvement.