Fri, 12 May 2017 13:00:23 +0000 By MAILESI BANDA A TOTAL of K814, 274.45 could be forfeited to the State if the people that invested in the Ikulile project in Eastern Province do not come forward to claim their money. The Drug Enforcement Commission (DEC) seized properties connected to the Ikulile Initiative Enterprise which scammed hundreds of thousands of kwacha from unsuspecting clients who bought into the scheme. The Ikulile Initiative Enterprise was a construction advisory services entity established to offer housing empowerment to civil servants and ordinary Zambians through architectural and civil engineering support. In a notice of disposal of seized properties published in the media, the commission has listed properties including motor vehicles, furniture, electronics and money held in various bank accounts. The commission has reported that K900.44 was being held in the Isungile Payment Solutions account with Intermarket Bank while K69, 321.78 was in the Zambia Institute of Business Enterprise account with […]
