By Oliver SambokoZAMBIA is losing over £37 million (K888 million) annually in revenue due to some casinos and game betting outlets operating illegally, an expert has said.And Zambia Republican Party president,Wright Musoma said it was disheartening that the country was losing huge sums of money at a time when it was in dire need of funding.Attorney General Association (AGA) board members, Markus Green, said Zambia should strengthen its laws to stop money laundering in the casino and game betting sectors.Mr Green noted that while the Zambia Tourism and Hospitality (Casino) Regulations No. 93 of 2016 mandated casino operators to obtain a licence, some operators were not adhering to regulations resulting in the country losing colossal sums of money in revenue.Mr Green was speaking when he addressed a workshop organised by the Financial Intelligence Centre (FIC) and AGA.He is a board member in charge of training of prosecutors, judges, and investigators of transnational crimes.Mr Green was […]
Zambia loses K800M
