- Stay Connected
Socialize
ACC Arrests Former CEEC Finance Director
The Anti-Corruption Commission-ACC- has arrested former Citizens Economic Empowerment Commission -CEEC)-Finance Director, Dean Chanda ,and Director of Schubert Investments Limited, Schubert Musonda for Corrupt practices involving One Thousand Kwacha.
The two have since been charged and arrested.
In count 1, details are that between 1st June, 2010 and 30th June, 2010, Mr. Chanda, 46, of Plot Number 7264/M Makeni, in Lusaka corruptly obtained One Thousand Kwacha cheque gratification from Schubert Investment Ltd as a reward for himself for having facilitated for the issuance of a Citizens Economic Empowerment Commission loan to Schubert Investments Ltd.
In count 2, details are that between 1st June 2010 and 30th June 2010 Mr. Musonda, 42, of House Number 29, Ndeke Village in Kitwe jointly with his Company Schubert Investments Ltd, corruptly gave the cheque gratification to Mr. Chanda for having facilitated the issuance of a loan to Schubert Investments Ltd.
The duo who has since been released on Bond will appear in court soon.
This is according to a statement released to Muvi TV news by ACC Public Relations Manager, Timothy Moono.Kindly note that all comments will be reviewed for appropriate content. Please show respect to those who will read your comments.
Posted by
nel
December 2, 2013 at 10:24 pm
one thousand kwacha?
Nel2
December 3, 2013 at 6:42 am
1 pin?
TC
December 3, 2013 at 10:20 am
You get into jail for 1 pin!!! Uwauma nafyala omina limo!!!!
Denks
December 3, 2013 at 3:35 pm
Nobantu inokai? Hehehehe 1 pin? U can even buy a female cow (mpwihi) from a pin. Reporter wa panga mistake I think he/she meant K1 000 000.
JONATHAN C MULENGA
December 3, 2013 at 3:37 pm
ACC,CAN U GO AFTER THE ENTIRE ZANAMA LEADERS AT CHISOKONE MARKET IN KITWE.THESE CHAPS HAVE STOLEN A LOT OF MONEY BY PRETENDING THAT THEY HAVE GIVEN IT TO THEIR FORMER MEMBERS.ELVES NKANDU HAS AMASSED A VAST WEALTH WHILST HE WAS THE ZANAMA LEADER.TO ILLUSTRATE MY POINT,HE WAS ALWAYS POCKETING THE DAILY CASHING FROM ONE OF THE FEE PAYING TOILETS AT CHISOKONE MARKET.EVERY JIM AND JACK WHO TRADE IN THE SAID MARKET CAN TESTIFY THAT.HE HAS DESTROYED OTHER PIPO MARRIAGES SHAGGING WOMEN MARKETEERS.NO WONDER HE ENDED UP HAVING TWO WIFE’S.ONE A TEACHER AT NDEKE HIGH SCHOOL AND THE OTHER A MERE HOUSE WIFE.AM URGING THE ACC TO INVESTIGATE THIS ISSUE SO THAT THE TRUTH WILL SUFFICE AND ZAMBIANS SHOULD KNOW WHAT WAS REALLY GO ON IN ZANAMA.
Master Mule
December 3, 2013 at 4:32 pm
So it is One Thousand Kwacha (One Million Kwacha old money). But still more it is too little ba Chanda nabo as gratification at his then level as Director of Finance. Unless the reporter got the figures wrong.
chile1
December 4, 2013 at 8:41 am
One thousand kwacha only?dats why if u want 2 b corrupt,b super corrupt,ask 4 mo,nw dat k1,000 is nat even enough as consultation fee for a lawyer.hw r u goin 2 get outa this mess now?
nshilimubemba
December 4, 2013 at 10:35 pm
If you can steal that amount how would you fail to steal 100,000kwacha that is the way to go please help the people of to come out of this evil called corruption
Trixy
December 5, 2013 at 2:55 pm
But there are millions of citizens out there who got loans from CEEC who have not paid back. This is a fact. Infact if a research had to be carried out, it will be discovered that 80% of these people have not paid back the loans and are roaming the streets free!! Most of them say the money is free. How can it be free when others who rightly qualified for this money were not given and only a few friends, relative, etc benefited. If the money is free, then CEEC should have gotten the number of people in Zambia and then divide that number by the money that was scheduled for loans and give every single Zambian their share!! I implore the concerned authorities to ensure that such people pay back their loans. We know them.