
Inspector General of police Martin Malama says investigations into the 2.1 billion kwacha cash found at former Labour Minister Austin Liato’s farm are continuing.
Dr Malama said that police are still pursuing the matter and the nation will be informed once investigation are concluded.
However, he could not state whether Mr Liato has been summoned in connection with the same case.
Dr Malama said that police are still pursuing other cases and investigations should not be seen to be political.
He warned that police will investigate wherever a crime has been committed and will move in to correct the situation.
[pullquote]“According to the BOZ Act, money is supposed to be in circulation. The way this money had been stored gives a basis to investigate why it was kept in such a manner,” Ms Kanjela said.[/pullquote]
On Friday early morning, combined team of police, DEC and ACC officers dug out the money in question from a hole at the former minister’s house in Mwembeshi. The money is now in State custody at the former task force offices.
The money was in bundles of K50,000 and K20,000 notes with Zanaco and Bank of Zambia (BOZ) stickers on them. The stickers had dates of March 10 and 15, 2011 on them.
Officers from the Drug Enforcement Commission, Anti-Corruption Commission and the Zambia Police arrived at plot No. 44 Mpamba settlement at 16:00 hours on Thursday to conduct their operation.
According to a police spokesperson Ms Kanjela, acting on a tip-off from members of the public, a joint team of officers with a search warrant broke into an incomplete house which had an elaborate security system with an alarm. The officers dug through two thick layers of concrete with conforce wire. Underneath, they found two trunks which also contained a safe each with money in them.
The officers discovered the two trunks two hours after they arrived at the house and left the house yesterday morning at about 03:00 hours. She said using picks, an axe and shovels which the officers had carried with them, they dug through two floors of concrete reinforced with conforce wire before they found the treasure trove.
Ms Kanjela said police will summon Mr Liato to ascertain whether the money is his and why he was keeping such huge amounts of money underground at his home. She said Mr Liato was not at home at the time and when called on his mobile phone, he told officers he was on his way from Kaoma.
“According to the BOZ Act, money is supposed to be in circulation. The way this money had been stored gives a basis to investigate why it was kept in such a manner,” Ms Kanjela said.
She said the officers also discovered a brand new Mercedes Benz car and a Toyota Prado which were also locked in a garage which also has an elaborate security system. Ms Kanjela, however, said the two vehicles were not seized.
ZNBC