The police have since dug out K2.1 Billion which was buried in the ground at his house at Mwembeshi Farm.
Tumfweko has not yet established why the former minister was keeping and hiding the K2.1 Billion Cash in the ground by burrying it and not depositing it in the bank.
But other sources have briefed Tumfweko that it’s in connection with money laundering activities.
And Inspector General of Police Martin Malama in interview this morning around 02:30hrs at the Task Force on Corruption Headquarters said that the money buried was in an unfinished building on Mr. Liato’s farm.
He says the money was put in two safes and concealed in two metal trunks with a thick layer of concrete on top.
Dr. Malama says the move is not an act of retribution on the former government but a mere exercise of cleaning up the system
He has further called on political cadres to desist from making plunderers heroes at the expense of the masses.
Meanwhile Zambia Police Service Spokesperson Elizabeth Kanjela revealed that police also discovered some vehicles and other assets on Mr. Liato’s Farm, Mpamba Settlement scheme lot 44, Mwembeshi area.
She says the garage where the vehicles were parked was also secured with alarm systems.
Ms. Kanjela says police commenced the operation around 16:00hrs yesterday but were only able to break the safes in the early hours of this morning.
The money most of it in 25million kwacha bunches had bank slips from Bank of Zambia, Finance Bank and ZANACO among others with dates between March 2010 and March 2011.
The operation was conducted by a combined team of officers from Zambia Police, Anti Corruption Commission –ACC- and the Drug Enforcement Commission –DEC-.
ACC Commissioner Roswin Wandi and her counterpart from the DEC were present during the interview.
UPDATED : POLICE DIG OUT Burried K2.1 Billion At AUSTIN LIATO’S House added by on
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Lwato must be castrated to set an example to all theives
Why are you pipo concerned? its his money. let the law take its course. Yes its a crime to keep bulk money in the house but thats not laundering. start reasoning pipo and dont just comment for the sake of commenting.understand issues and we will move forward as a nation…dont attack an individual but attack an offence and link individuals who are linked to it.
This is indeed Money syphoned from Finace Bank. Let the Acc and Dec investigate.
Its amazing someone burrying money while some people dont have money 2 buy medicine,kapamela or even a K500 for toilet fee
Jerabo Kalewa M– USENGE
iwee kapuli musenge what are talking about liato chikala needs to explain where he got that money,we will get all the pipo involved
the man needs hard labour with minimum of 5 years
Iwe chikala Musenge, crimes are commited by criminals, so you have to sort out the one who commits it. How the hell can you tackle crime living out the criminal? If Liato was funding you in your dirty Jerabo business we are also comming for u, its just a matter of time. Shame on you son-of-a-bitch.
WHO SAYS WESTERNERS ARE NOT THIEVES? LET LIATO EXPLAIN THIS CASE
chikala musenge u dnt knw tht hiding money weakens th economy, we need jihad in zambia 2 deal with thes motha#@%%^&%
ZP,ACC&DEC congrats for the work you are doing so far.We are now roud of yu.But please do me one favour by probing RB Vuvuzela’s such as Lifwekelo, Grigory Chifire, Thabo Kawana and some so called Bishops who paraded themselves showering our president SATA all sorts insults. These idiots now stick money while we are wollowing in abject poverty.I cant even manage to keep my 2children and 7 orphans Liato is burring BILLIONS underground.You are a disgrace. Lisholi wena
Echo mpontela ifimatole bafikala this realy shows some money was shared ba matole imwe mwilatalika ifimafi!
1. PLEASE YOUR EXECELLENCY AND PF GOVT, INVESTIGATE THE LEVY JUNCTION TENDER, THERE’S MORE CORRUPTION MONEY TO BE RECOVERED FROM THERE THROUGH INFLATED CONSTRUCTION COSTS AND TENDER AWARD PROCEDURES!!
2. LIATO IS SO DULL THAT HE — USED THE SAME LEVI JUNCTION CONSTRUCTION WORKER TO BUILD THE HIS HO– USES AND THE ” … thick layer of concrete slab in a highly fortified and electronically fitted structure..”
@Revelations you’re right, even this JOHNATHAN SINYINZA chap who owns ZECON CONSTRUCTION should be investigated. He’s a damn crook, who’s terribly corrupt and pompous. Even these LISTO billions could be from him! INVESTIGATE HIM!!
Above should read ” liato billions”
The money recovered was too much and being dug on the ground brings a lot of suspicions and i thought mr liato is worthy more than wat was dug out,police should investigate y such an amount was withdrawn frm banks and dug up!kwena banthu bakuba!
A discouvery of MONEYBELT in Mwembeshi Area after a combined team of Police, ACC and DEC carried out an exploration of the area. This came to light when………………….
Oh my God! The truth is coming out. No one should say which hunting because things are coming out. It will be bumper harvest from other farms soon. Please as some one has said check Vuvuzelas too not forgetting Elvis nkandu at chisokone markert. people see what selfisness can do. That money can buy drugs for the needy patients.Tata ba sata you have come at the wright time.Remove viruses and cobwebs plse and soon we hear more on CDF.
LYATO IS WORSE THAN THE DEVIL. LET JUSTICE TAKE ITS COURSE URGENTLY. WE NEED MORE OF SCAMS TO BE UNEARTHED. LAW ENFORCERS, GO FOR THE BIG ONE NOW!! MUSOKOTWANE SHOULD HAVE HIDDEN MORE
What is the position of the UPND on this case? Are they going to keep quiet because they have entered into a loose alliance with the MMD?
@JERABO…you sound too shallow minded.Do you know that money kept in a bank earns interest?These are what we called Term deposits..30 days,90days 3 months etc.If at all it were genuine money,why the hell bury it?He would have nothing to hide.CAGE THE CRIMINAL…
Sata is a tribalist. Look at this
position Sata RB
President Sata(Bemba) RB(Ngoni)
V/President Guy(White) George(Lala)
Defence GBM(Bemba) Mwansa(Bemba)
Finance Alexander(Bemba) Situmbeko(Lozi)
Home affares Sakeni(Bemba) Lungu(Tumbuka)
Foreign Kambwili(Bemba) Pande(Kaonde)
Local Gvt Luo(Bemba) Brian(Lala/Lenje)
These are the important ministries. Judge for yourself. Who is a tribalist between RB and Sata?
he was a labour minister give him hard labour
We are anxiously waiting for the truth to come out. Let Liato explain why he should bury money like our forefathers used to a century ago. You do not need to be a professor in criminology to conclude that this was money laundering at its peak! Please who will save us from these selfish leaders? No wonder Liato has no neck.
@REFORM_MIND_9999: it can not even take a grade 7 to take that shallow conclusion that pf leader is a tribalist . pf catchment areas are luapula, northern, copperbelt and lusaka and part of central province. These areas are dominated by bembas unlike mmd that had members across the country. give pf one year, it will ave members all over the country.
@REFORM_MIND_9999: if anything once you have a mixed cut type of govt that leads to theft. like dora (eastern), Liato (western), george kunda (central)
@REFORM_MIND_9999 why should Sata give you jobs when you were busy insulting him and kissing RB’s ass and ka HH!!
Humble Education bo Liato. You misunderstood the President. Its MORE MONEY IN YOUR POCKETS NOT MORE MONEY UNDERGROUND.Better luck next time
am sure those monies came from bribes he got from employers.as a labour minister he never had interest of poor zambian employees.remember how he handled the matter of shoprite but wen PF won shoprite improved a little bit of workers conditions.liato also visted some mine firms what did he do.all you miners see were your salary increament was buried.
clever but dumb to be caught
repossess liatos farm and all assests thereon and call mining company to dig, dig around. More cash and some arms may be found. place him on house arrest and grab all communocation instruments from him. Tap his land line and get GPS readings of all his properties. Run a check on who installed alarm system on his farm. Ask why incomplete bldg on his farm had to be alarmed. Check arms register at moha and verify domicile of his arms. Check farm for former minister around Lusaka north keeping ‘mmd’ vehicles and selling them off quietly. Finally check if the MMD govt ‘illegally’ printed cash with a company other than De la Rue? Did BOZ ever destroy all soiled and mutilated currency it declared? Does anyone know how zesco electricity export earnings are accounted for??? Just saying
ISAIAH 59.
AM CLAIM JUSTICE OVER MY MOTHER COUNTRY,
DISORDER SHOULD FACE ORDER,
NO JUSTICE WILL BE DRIVEN BACK,
NO RIGHTEOUSNESS WILL STAND AT THE DISTANCE,
NO TRUTH WILL BE HIGH JACKED IN THE STREETS,
HONEST WILL ENTER IN EVERY HOME,
I, DECREE JUSTICE AGAINST ALL THE INJUSTICE DONE TO ME AND MY PEOPLE IN ZAMBIA, LIVES OF YOUNG PEOPLE ARE CUT SHORT BECA– USE OF LUCK OF MEDICAL SUPPLIES, WHAT A CURSE! (SOBBING TEARS) MY SISTER’S LIFE WAS CUT OFF AT A TENDER AGE BECA– USE OF THE GO SLOW, HELPLESS ZAMBIANS SEE THEIR BELOVED ONES PASS AWAY IN THERE VERY EYES, IT HURTS SO BAD, IT ISN’T GODS WILL AND SOMEBODY GOT TO CRY FOR JUSTICE.
HELP, HELP, HELP!!!!!!!!!!!!!
Iwee chi Jerabo Kalewa M– USENGE, chikala chobe na wenso pamopene nachili Liato. ulemone kwati K2.1 billion ni fifty pin – waba ilya kulefiti
bafikala i nid 1 bunch lyk ASAP
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Dogs, cats, hamsters, fish, parrots – who do you prefer? Or dialect mayhap what that non-native animals – snakes, crocodiles, lizards, monkeys?