According to DEC Deputy Public Relations Officer Theresa Mawere, the seizures form part of an ongoing money laundering investigation involving the suspect, who is currently on the run.
Mawere said preliminary investigations revealed that the suspect allegedly acquired and registered various businesses and properties using false identities in order to evade legal requirements and facilitate illicit financial activities, including money laundering.
She explained that the DEC, working together with other institutions, conducted searches and verification exercises that linked the suspect to multiple assets and vehicles allegedly registered under fraudulent identities.
Among the seized assets are three motor vehicles: a Toyota Allion registration number BAZ 9451, a Toyota Probox registration number BLB 9986B and a Toyota Hiace registration number BAP 7951.
The commission also confiscated boarding houses, a farm with livestock, household goods and a factory located in the Mungule area of Lusaka.
Mawere further disclosed that a joint manhunt involving the DEC and other law enforcement agencies is underway to locate and apprehend the suspect.
She added that family members linked to the suspect were found to be residing illegally in the country and have since been deported following a lawful deportation order issued by the Department of Immigration.
According to the DEC, the asset seizures are part of broader efforts to recover proceeds of crime and potentially restore fraudulently acquired properties to their rightful owners through the legal process.
“The commission continues to reaffirm its unwavering commitment to combating financial crimes and safeguarding the integrity of Zambia’s economic and legal systems,” Mawere said.
She also urged members of the public to report suspicious properties and activities to law enforcement authorities.
That Maware’s wife should be arrested for calling for public to go after foreigners.
Xenophobia of barbaric Zulus has spilled into UPND government.
In every country government security wings works with the citizens in the communities such as markets and shopping malls.keeping the security of the nation is important.