APC president Nason Msoni says it is “absolutely foolish” to argue against the FIC report on the basis that culprits were not named in the report.
In a statement issued to the media, the APC leader said the huge amounts being stolen from government was an indication that the PF government has no captain and that the nation was headed towards a disastrous shipwreck.
“The truth is that huge amounts of money have been openly stolen from the Zambian public. Clearly, The PF government is running out of control with no captain. We are certainly heading towards a disastrous shipwreck,” he said.
He said the report has hinted at why government has run into bankruptcy and President Lungu should justify why citizens should continue keeping him in office.
“It is now incumbent upon Mr Lungu to justify why citizens should continue keeping him in office when he is running the most corrupt ever government.
“This is quite unprecedented in the history of governments and the conduct of any leader running such a government. We think that a sense of shame for any self respecting leadership is not a bad moral campus,” he said.
He since challenged those fingered in the report to vacate office so as to pave way for investigations.
“As citizens we are ashamed and crestfallen to have voted for such a reckless and utterly irresponsible leadership that lacks sensitivity for the masses.
“In a nutshell, we clearly expect those indicted by this report to voluntarily vacate their positions to give investigative wings a freehand to carry out thorough investigations,” he said.
The 2018 money laundering/terrorist financing trends report has revealed that Zambia incurred losses estimated at K6.1 billion linked to financial crimes such as Tax evasion, fraud, corruption and money laundering activities.
This shows an increase from the K4.5 billion recorded in the 2017 financial intelligence center trends report.
FIC Director General Mary Chirwa said during the launch of the report that the Center analyzed 176 suspicious transactions of which 80 were disseminated to law enforcement agencies on suspicious covering tax evasion, fraud corruption and money laundering.
Ms. Chirwa said the most prevalent forms of corruption noted in 2018 were those involving bribery and conflict of interest.
She said during the year, the Center disseminated reports on corruption with estimated value of K4.9 billion with public procurement activities being significantly vulnerable to corruption.
Some Law firms have been cited in the latest Financial Intelligence Center trends report as a vehicle used for money laundering activities by criminals.Identified law firms assisted suspected criminals to mask the source of funds and aided its reinvestment or movement to foreign jurisdictions, the report says.
The center analysed cases related to 9 law firms amounting to K385 million in 2018 and cases involved illegally obtained funds transferred to law firms who then facilitated the acquisition of property such as land and motor vehicles on behalf of the launderers.
You are all the same….you Politicians are evil once you become Presidents you just start thinking about yourselves and your families….
Msoni has grown on me – he speaks more sense than a lot gives him credit for.
I have a few pHD
Thanks
BB2014,2016
All Politicians will let you down. This is the reason we should place our hopes and reliance on STRONG INSTITUTIONS. Support a politician whose manifesto is primarily to strengthen governance institutions and the country will prosper, so far non of our politicians have such a key objective. We think their personal goodwill and skills will save us, they wont, they will fall into the same bad habits if the environment (INSTITUTIONS) is not changed drastically
There is need for opposition parties to unite and support one candidate to challenge Lungu’s crime syndicate in 2021, if we’re to save the country from further damage. These are serious allegations in the FIC Report and you would think that Lungu and his posse would want to address this. But no. Lungu is a gang leader himself, and has his hands deep in the national coffers. To expect him to investigate this is like expecting Al Capone to investigate himself. We need a strong patriotic opposition to challenge this band of thieves and throw them out in 2021. Once that happens, they should all be arrested, not allowing anyone to leave the country. Thereupon, a group of independent auditors (preferably from outside the country) should begin to audit everyone in Lungu’s gang,…
… starting with his ministers, and then himself. Audit them from the time they took office to the time they vacate the office. Check their bank accounts too. If any assets are discovered that they can’t account for, they should forfeit to the State, and then investigated thoroughly followed by criminal charges. If found guilty, they should be sent to prison for a 100 years each, including Lungu.
Nason Msoni, isn’t he one of the trib.als? He would be speaking sense this Msoni if he was not one of the trib.als. But as it is he is just a trib.al in cohorts with Trib.al Ha cks, bonse taba kwata Insoni.
Anyone not a Bemba thief is a tribal ?
upnd cadre, aren’t you ashamed of writing the same trash every time? Don’t you have anything else to talk about?
And they call themselves Christian Nation not one politician has ever been sentenced to prison yet they are getting richier and richier whilst the poor get poorer…come they will say they are empowering you when they handout a bag of maizemeal and cooking oil.
The whole govt is rotten its like a cancer that has infected the whole body and can not be treated only regime change…what’s even more depressing is that the President does not see the importance of a press conference in these situations as people around him are being indicted surely he can not be innocent.
There is no honor among thieves
What do you expect from Kaponya`s, thieves and drunks, they are all dull and have long hands…. PFoools are all just morons and id!ots that the best conclusion
PF have failed. No one has been arrested so far where is the president?
Lungu is criminal number one! He gets a percentage from these criminal activities! He’s useless and impotent in the fight against corruption!
They do have a Captain, but he’s the number one Pompwe!
Am not a prophet, but just an ordinary citizen. Three years ago I predicted how our economy was going to perform for the next five from 2016. And we are likely to continue suffering for the next 10 years from 2016 to 2026. The people who were challenging me then, they are either avoiding talking about it or remain mute. More especially my friends from Eastern province. Exactly the way I predict such as;
1. The down of the local currency.
2. The challenges of assessing loans from IMF and excess borrowing from China
3. The overall economy performance
4. The people openly supporting the PF administration on grounds of poverty;…
4. The people openly supporting the PF administration on grounds of poverty; just for survival purposes.
5. Failing the settle domestic and foreign; evening the newly acquired presidential jet payment is deferred.
6. The zero foreign investment: major investor in other sector apart from embattling mining sector
The programs of by-election, NDF tour, Expositions, Social cash transfers, the procurement process and many others are the conduits for siphoning public funds and loans. This is known worldwide not because the opposition and HH, but the embassies have their method of collecting data. So the Infrastructural Development is maintain a slow pacing because China is no longer interested in re-financing highly exaggerated cost of projects as it issues the USA.
There is massive…
There is massive plunder of financial resources and they are not willing to resign because the law can catch up. The same judges they were twisting their arms they can reiterate.
I can assure you , lungu and his gang are stinking rich through theft and if guaranteed safe passage to retairment , would give up power tomorrow.
Only fear of retribution for their stealing keeps them clinging on……
You also need to do a land and property audit. Those found to have amassed abnormal wealth should explain or forfeit their loot to the state. How do you justify paying $70,000 for an acre of land possibly acquired through corrupt means? Our rivers and lakes are now being targeted with ads showing someone owning an entire beach by the lake…how? isn’t that state property? Stealing as if the world will end tomorrow sure!
For those who may not be feeling this: count from 0 to 4.5billion. Then stop. Then start again from 0 to 6.1billion. That’s 10.6billion ba kapuli aba bebile in a space of two years. Si teto mama Chirwa?
The FIC is the reason why we saw rapid uncoordinated changes such as removal of procurement staff
No wonder why we are going through such a financial crisis. Funds just end up in a few privileged pockets. Imagine if that K6.1bn was put to its rightful use.CBU would not have been closed,CBU and UNZA employees could have been paid,Zampost workers would have been paid, student meal allowances would not have been scrapped. The list is endless…….Sylvia Masebo and Guy Scott warned us that this PF administration you are excited about you will regret
Who created FIC
FIC type bodies are a requirement for countries to access the world banking systems and SWIFT, money transfers.
This was brought about by 9/11 to track terrorist funding.
Spaka 17.1: And that is the only reason PF have not called for abolishment of FIC. Even the legislation came already drawn up from the UN and the Zambian parliament just ensured that it was put into Zambian law.
For opposition party’s ‘All roads lead to one conclusion,’ which is that President Lungu is singulary guilty for all incidents of corruption. That logic is as worrisome as the damning evidence of high incidents of Corruption.
What we need to open our eyes to is the leaking of our wealth to foreign shores. Are those countries allowing these monies to enter their banking system not as corrupt as African politicians. If off shore banks did not accept unaccounted for monies. Would we be at loss right now. The FIC
2.2 Lipkwa, if you don’t see sense on what I write then you must be a trib.al yourself. Bwana there is no defence against trib.alism in Zambia.
“The 2018 money laundering/terrorist financing trends report has revealed that Zambia incurred losses estimated at K6.1 billion linked to financial crimes such as Tax evasion, fraud, corruption and money laundering activities.”
This cuts across everyone and not only Government officials but including you and other cronies. The best is to name publicly people indicted in the report than let political mercenaries take advantage to score cheap political mileage.
The report for public consumption does not have names, the one they give to law enforcement agencies are the ones with the names. It’s just common sense please.
Albert don’t you think he would be in prison if he didn’t pay considering that he is in the opposition. The post was shut down for tax evasion and you were the same people rejoicing and condemning them kanshi there are more people not paying taxes. I can assure you that Zambians are paying their fair share of taxes and those not paying are probably government officials and their business partners shielded from any prosecution. People call ECL weak and he surely is weak, report after report showing stolen funds and he does nothing. This is very worrisome all that lost money could be have been put to good use than lining up someone’else pocket or end up just sitting in a European or US account.
Six out of ten yes, 6 out of 10 ntolelefye…………….are thieves