Leasing Finance Limited has asked the Lusaka High Court to quash the seizure of its banks accounts by the Drug Enforcement Commission-DEC.
The financial institution has filed an originating motion in the court, to contest the seizure of its accounts.
Leasing Finance Limited is among the Mahtani Group of Companies, owned by Lusaka Business Man Dr Rajan Mahtani.
The financial institution has contended that the DEC seized its dollar and Kwacha bank accounts between April and August this year.
In the affidavit, Leasing Finance Limited has stated that the DEC seized the accounts to facilitate investigations.
The accounts in question are maintained at Stanbic and First Alliance Banks in Ndola.