The Drug Enforcement Commission -DEC- Anti Money Laundering Investigations Unit investigated over one billion Kwacha, in Money laundering cases in 2021.
This also involved 54 million United States Dollars and 23 thousand Euros.
DEC Public Relations Manager Mathias Kamanga says this involves 2-hundred and 19 cases.
Mr. Kamanga says of the 2-hundred and 19 cases that were recorded, 56 persons were arrested countrywide compared to 1-hundred and 20 persons in 2020.
He further says 92 cases were reported from January to July 2021 before the General Election, while 1-hundred and 27 cases were reported after the polls.
Mr. Kamanga says DEC’s Anti-Money Laundering Unit in 2021 seized three real estate properties, 32 motor vehicles among millions of Kwacha and Dollars held in various bank accounts.
He said in a statement that the DEC in 2022 is determined to continue executing its mandate through team work, collaborations and consultation with various stakeholders.
