NPA SECURES FORFEITURE OF K2.1 MILLION

Through another consent judgment, the National Prosecution Authority (NPA) has secured forfeiture of K2.1 million belonging to a Lusaka businessman, Shadreck Zulu, following a questionable transaction from Cayman Islands.

Using a forged national registration card (NRC), Zulu opened a personal bank account at one of the local financial institutions before K2,120,104.21 was electronically transferred to the new account, thereby raising suspicion.

Last month, NPA facilitated seizure of money, an estate and vehicles with an estimated combined value of K46 million through consent judgments.

The money forfeited was K36.5 million which sat in various bank accounts belonging to Nigerian national Jeffrey Nnaoma Michaels, upmarket flats in Jesmondine in Lusaka and four Toyota Land Cruisers, property of The Big Tree Investment Limited.