FIC looks into financial corruption and frauds. The agency recently discovered a mass money laundering racket. What was more shocking was the involvement of top legal counsellors, lawyers and even government officials in this criminal act. Some of the top names in the list were of Masozi Banda, working with the Avik International and Sakwiba Sikota, owner of law firm Central Chambers. As per the investigation, these individuals and groups including the companies are accused of laundering money worth more than USD 1.8 billion dollars. This act has been condemned by industrialists, corporate houses and citizens alike. Many noted industrialists like Dr. Rajan Mahtani have condemned this act and have demanded strict action against these culprits. It is time for the government to pull up their socks and start cleaning up this mess, before it’s too late and the country goes to dark ages filled with corruption and crimes with no hope for redemption.
Zambian nation is an emerging nation. It belongs to the continent of Africa which is still considered as one of the most underdeveloped continents. Naturally, the opportunities and daily facilities available for its citizens are lower compared to the emerging nations of other continents. In this scenario, it is the essential duty of the government to ensure regular social, political and economical growth of the nation and create opportunities for its citizens to grow personally. In this scenario, having a mass money laundering racket with involvement of top government and legal professionals is a big no-no for the nation. However, this is what actually happened as per the details released by FIC (Financial Intelligence Centre).
FIC looks into financial corruption and frauds. The agency recently discovered a mass money laundering racket. What was more shocking was the involvement of top legal counsellors, lawyers and even government officials in this criminal act. Some of the top names in the list were of Masozi Banda, working with the Avik International and Sakwiba Sikota, owner of law firm Central Chambers. As per the investigation, these individuals and groups including the companies are accused of laundering money worth more than USD 1.8 billion dollars. This act has been condemned by industrialists, corporate houses and citizens alike. Many noted industrialists like Dr. Rajan Mahtani have condemned this act and have demanded strict action against these culprits. It is time for the government to pull up their socks and start cleaning up this mess, before it’s too late and the country goes to dark ages filled with corruption and crimes with no hope for redemption.
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