BUSINESSMAN SEDRIC KASANDA DETAINED, FACES MORE CRIMINAL CHARGES
The state is keeping in custody, Lusaka businessman Sedric Kasanda and two others in relation to money laundering, Tax evasion and forgery charges.
His detention follows a nolle prosequi entered by the Director of Public Prosecutions (DPP) Gilbert Phiri in a matter he was accused of obtaining money by false pretense and money laundering involving over 500,000 dollars.
In this matter, Mr. Kasanda was jointly charged with two businessmen Dominic Twinjika and Treasure Malandala as well as a mining company called Luwowoshi Mining Limited.
It was alleged that the accused with intent to deceive or defraud obtained over 500,000 dollars from a South African based businessman Anton Russell by falsely pretending that he had Gold and Cabot (sic), when in fact not.
Other allegations were that the accused with intent to deceive or defraud obtained USD 360,000.00 from Mr. Russell by falsely pretending that the money would be paid to Zambia Revenue Authority (ZRA) for mineral tax clearance certificate for the export of 82 kgs of gold when in fact not among other allegations.
Diamond TV
We are always told of the arrests but the end is usually the same. Aquitals and compensations.
Hope things will be different this time otherwise no need to victimise people with insufficient evidences.
It is because we have a sound judiciary. They can not be bought, not even with cows or privatisation money. Never.
Minister Kakubo also evaded Tax,or ?From Berlin
Ba pompwe are trying to put this young man out of business so that they can take over.
We have a very dodgy president that deals in the dark.
This is indeed the year of the conman.
Indigo Tryol your hatred against HH won’t succee idiot iwe. P*nyo pako!
You ll never this idiot comment on sensible topics, he was a beneficiary of criminal regime. Now his suffocating with brokenness and hatred asshole.
This Kasanda is a career criminal. He is wanted even in China.
Kasanda is a known financial criminal. Why is it taking so long to nail him down ?