Those arrested are Succeed Mubanga, Director of Policy, Planning and Information, and Chanda Mulenga.
ACC Acting Head of Corporate Communications Chilufya Chisanga said the arrests follow a comprehensive investigation into the alleged misappropriation of part of the US$10 million project funds.
Chisanga said the funds, which were intended for national livestock infrastructure development, were allegedly diverted through a complex network of illicit transactions and asset acquisitions.
Mubanga, 49, has been charged with two counts of possession of property reasonably suspected to be proceeds of crime and two counts of concealment of property, contrary to the Forfeiture of Proceeds of Crime Act No. 19 of 2010.
“The suspected proceeds of crime are estimated at K11.1 million and include a motor vehicle, investments in Government bonds and a house,” Chisanga said.
Mulenga, 33, has been charged with one count of possession of property reasonably suspected to be proceeds of crime and two counts of concealment of property, also contrary to the same law.
Chisanga said the suspected assets linked to Mulenga include a modern house located in Kasama.
“The arrest of Mr Mubanga and Ms Mulenga brings the total number of individuals arrested in connection with the SLIMP syndicate to nine,” she said.
The two suspects have since been released on bond and are expected to appear in court soon.
Chisanga added that the Commission has also moved to restrict and seize multiple assets linked to the case as investigations continue.
