By NATION REPORTERA WITNESS has testified in the Lusaka Magistrate Court that the law firm, Nchito and Nchito Advocates were paid a total sum of K1.5m from funds drawn from Ultimate Insurance Company.Ryan Tambwa Kalunga from ABSA Bank Zambia, told the magistrate court that bank records showed that the law firm was paid K1.5 million.He said the payments were drawn from a US dollar account held at the bank by Ultimate Insurance Company.This in the case where Marshlands Directors, Tobias Milambo, Nachi Musonda and Richard Lubemba are appearing in the Court facing 16 counts of forgeries and fraud.The matter will resume on Tuesday for continued trial.Kalunga told Lusaka magistrate, Alice Walusiku during continued trial yesterday that Ultimate paid the money between 2019 and January 2020 through his bank.Three Marshlands Consortium Limited directors, Nachi Musonda, Tobias Hanyimbo Milambo and Richard Lubemba are in court facing 15 counts of forgery, obtaining money by false pretenses and uttering […]
Nchito and Nchito were paid K1.5m from Ultimate Insurance Company – Witness
