The Drug Enforcement Commission has arrested former President of Zambia Cricket Union Andrew Shawa and former treasurer Ketankumar Nailk for various money laundering activities.
Shawa aged 64 and Naik 43, allegedly stole money amounting to over 270 million kwacha, property of Zambia Cricket Union.
Drug Enforcement Commission -dec Acting Public Relations Officer Samuel Silomba says between January, 2006 and December 2011, jointly and while acting together stole the money from the cricket union of Zambia.
Silomba told ZNBC news in a statement that Naik is also believed to have forged four receipts for Eeves Limited amounting to K72 million which he later fraudulently altered to Auditors purporting to show that the sum was paid for rentals.
He is further believed to have engaged in an act of false accounting by presenting petty cash vouchers purporting to show that the money on the vouchers was used as expenditure by Zambia Cricket Union when in fact not.
The duo has since been released on bond and will appear in court soon.
[ZNBC]
So what, if it was football i would be more worried. Cage them.
IS THIS KETAN NAIK THE SAME GUY WHO WAS A POLICE RESERVIST AND USED TO HAVE AN ELECTRICAL SHOP AT THE CORNER OPPOSTE GALUNS BUTCHERY.
Its long over due.impale them
What is the definition of money laundering ?
What is the job decryption of the Drug  Enforcement Commission? Am i missing something here… has cricket become drugs?
I had a drink with Shawa in Zambia recently and asked about the allegations, he denied citing infighting within the Zambia Cricket Union. Good luck sir.