Wed, 19 Sep 2012 07:52:53 +0000 Billions of Kwacha may have been stolen and remain un-accounted for from properties sequestrated by the defunct “Task Force of Corruption” and illegally placed under the Bank of Zambia. This came to light following Daily Nation inquiries into defunct Access Finance accounts and the dealings of properties belonging to Tedworth properties, where Supreme Court Judge Philip Musonda ordered for the immediate transfer of properties from the Bank of Zambia where they were illegally kept to the Anti Corruption Commission. The judge in his ruling was shocked that the property was being kept and rent was collected through the Ban k of Zambia when the law clearly stated that only the ACC had that responsibility. The Bank of Zambia, the Judge noted, acted unlawfully and what flowed from was equally unlawful. Judge Musonda further noted that there was fierce resistance to his order for accountability for the funds collected against […]
