For six years, more than K18 million in public funds allegedly found its way into a senior officer’s personal account, disguised as salaries and payments to farmers, according to a Financial Intelligence Centre (FIC) report that has raised serious questions about how public money was monitored. The report seen by the Zambian Business Times-ZBT, indicates that the officer, identified as OT, worked at a public institution and allegedly initiated transfers from its bank account to his personal accounts at two banks between January 2019 and January 2025. In a scheme that made the payment descriptions appear legitimate, the officer allegedly...
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