Economy

PF CALLS ON BOZ TO INVESTIGATE INDIVIDUALS HOLDING HUGE AMOUNTS OF MONEY IN HOMES


Lusaka ~ Mon, 01 Mar 2021

By Brightwell Chabusha

The Patriotic Front has called on the Bank of Zambia and investigative wings to take interest in money held by citizens in different locations.

PF media director Sunday Chanda stated that BOZ and investigative wings have a duty to not only protect the public from the issuance of fake currencies but also curb any potential for money laundering, irrespective of which citizen is involved.

“We are aware that some opposition political parties and their candidates could be holding millions of kwachas in their homes for unknown purposes. We would not be surprised that attempts are being made to manufacture and circulate videos using persons clad in our party regalia on social media purporting to be members linked to the Patriotic Front or its leaders, when in fact not,” Mr Chanda stated.

He stated that the ruling party will not shield any person involved in criminal activities.

“The PF would like to reiterate the warning given earlier by His Excellency President Edgar Chagwa Lungu that the Party will not shield anyone – either our own members or those from the opposition – involved in any possible criminal activities, including the issuance of fake currency. We implore the police and other investigative wings to ensure that those who may be potentially committing crimes in this regard are brought to book,” Mr Chanda stated.

He reaffirmed the PF’s support towards the enactment of the Cyber Security and Cyber Crimes Bill.

“We want to also reiterate that President Lungu and his administration will continue to encourage citizens, whether opposition leaders or ordinary Zambians, to work hard in order to legitimately make their earnings. The current happenings in which questionable videos are being posted on social media reaffirms our support as a Party towards the enactment of the Cyber Crime Bill which will protect innocent persons like Hon Dora Siliya who are falsely being linked to such videos with masked individuals,” Mr Chanda stated.

He encouraged MPs to pass the cyber bill to allow the investigative wings to utilise the provisions of the law to go to the root of those involved in manufacturing such videos and their circulation on social media.

2 Comments

  1. Frank Chombela

    It’s not a central bank function to investigate how people have earned or got their money. It’s police, DEC and ZRA to do it.

  2. oscar kanyimbo

    police,DEC and ZRA are one responsible in such issues.

Comments are closed.