Congolese, Zambian Businessman Arrested for siphoning money from other people’s off-shore accounts

A congolese electrical engineer and a Zambian businessman have been arrested for siphoning huge sums of money from other people’s off-shore accounts which are held in foreign Banks.

Richie Kabamba Muya aged 36, a resident of Katuba in Congo was arrested together with Mark Mubaluma, aged 33 a Zambian businessman based in Namibia for siphoning over 15,000 US dollars belonging to an Egyptian based in Egypt.

DEC Public Relations Manager John Nyawali has disclosed to MUVI TV news that the duo used a hi-tech device to capture the password and other sensitive personal banking details to fraudulently duplicate Visa Electron Cards.

Meanwhile Mr Nyawali has stated that a 55 year old businessman of Lusaka has been arrested for money laundering activities involving over 200 million kwacha.

He said Musa Dimingo, a resident of Bonaventure in Makeni was arrested for allegedly stealing a total of 280 million kwacha which was credited to his account in error by another bank.

A congolese businessman has appeared in court for allegedly swindling a Lusaka businesswoman of seventy million kwacha.
Abdulla Sabani aged 36 is alleged to have on unknown dates but between 1st and 30th October 2009 stolen the said money belonging to Irene Chongo.

Mr Sabani who spoke speaks French, spoke through an interpreter has since pleaded not guilty to the charge.

Lusaka Resident Magistrate Faides Hamaundu has since dismissed an application by Sabani for bail saying he was not a man of fixed abode.

This was after state prosecutors objected to Sabani’s bail application saying he had given two different addresses to the court and the police.

Trial has been set for November 8th 2010 and Sabani will appear in court for mention on October 14th and 28th 2010.
MUVT TV