Zambia
Zambia Anti Graft Agency Arrests Former Treasury Secretary and One other for Fraud
- By solomon2day
- On 05/05/2022
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- In News
The Zambia Anti-Corruption Commission has arrested the country's former Secretary to the Treasury Fredson Yamba and one other for fraud to the tune of US$33million.
Mr. Yamba, 62, of Lusaka was arrested and charged with one count of willful failure to comply with applicable law and procedure relating to procurement contrary to Section 34 (2) (b) of the Anti-Corruption Act No. 3 of 2012.
Read-Helplessness in the Face of Dirt
In 2018, Yamba did not follow the procedure when he authorized an advance payment of US$33, 750,000.00 to China Energy Engineering Group – Hunan Electric Power Design Institute Co. Ltd for the construction of FTJ Chiluba University in Mansa and Kasama under the Ministry of Higher Education. The amount was paid to the contractor but till the present moment, construction is yet to commence.
-Legalizing Crime and Criminality
Also arrested alongside Yamba is Joseph Phiri, an architect at the Ministry of Higher Education, for attempting to fraudulently facilitate a payment amounting to US$ 29,186,169.09 to China Energy Engineering Group–Hunan Electric Power Design Institute Co. Ltd.
-Landlords and Tenants Associations, Crime and Criminality
Mr Phiri, 57 of Lusaka was charged with one count of fraudulent facilitation of payment contrary to section 34 (2) (a) as reading together with section 40(2) of the Anti-Corruption Act No.3 of 2012.
Phiri, attempted to fraudulently facilitate payment to China Energy Engineering Group–Hunan Electric Power Design Institute Co. Ltd by signing and issuing an Interim Payment Certificate No. 2 valued at US$ 29,186,169.09 with an inflated sum of US$7,578,772.41 for goodstha were not supplied.
