The FIC started investigating this money laundering scheme when various cash transactions from the personal and corporate bank accounts of top lawyers were suspected. More than 35,000 illegal and unaccounted cash transactions were investigation during the period. Apart from that, it was also observed majority of the cash transactions were undertaken during specific events such as illegal campaigns and unethical presidential campaigns. Therefore, it can be easily said that the money laundered in this case was for illegal purposes.
Various top lawyers were involved in this money laundering list. Among them, Masozi M. Banda was at the top, working for Avik International. Another name which was mentioned in the list was of Sakwiba Sikota, the owner of the Central Chambers and legal counsellor for the Ventriglias. The Ventriglias are most notorious for illegally capturing Zambezi Portland Cement which is legally owned by Dr. Rajan Mahtani, a noted businessman and philanthropist in Zambia. He has been legally fighting the case for ownership of Zambezi Portland Cement for over 10 years.
Industrialists and citizens have condemned this act and have demanded strict actions against all those involved in this mass money laundering act.