Anti-Corruption Commission seeks forfeiture of K18 million properties belonging to journalist Musonda


The Anti-Corruption Commission (ACC) has filed a notice of motion before the Economic and Financial Crimes Court (EFCC) to have properties worth about K18 million acquired by Journalist, Faith Musonda, forfeited to the State for allegedly being tainted .

According to the originating notice of motion for the non-conviction based forfeiture is grounded on the belief that Musonda’s seized properties are tainted.

According to inquiries undertaken by the ACC investigations officer, Ferguson Kombe, it stated that the Kingsland City property being plot no. Lusak/LN_24982/3 was bought at a cost of US$180,000.

Kombe said the interested party also purchased a farm in Chisamba , subdivision no. F/1504 at K4.6 million through her company Sela Property Investment limited, paid in three instalments.

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He said further investigations revealed that Musonda bought property in Ibex Hill at K170, 000 from Sam Mulozi but there was no change of ownership.

“I recommended that a valuation of plot no. F/378a/11, Ibex Hill, be conducted by the government valuation department and it revealed that the said property is worth K3,516,000,” he submitted.

Kombe said he also discovered that Musonda had K3,140,000 in government bonds and K1, 219,000 in Madson fixed term deposit.

He said ACC also seized jewels worth US$5,000 and agricultural equipment valued at US$54,844.53.

“That I then inquired into the sources of income of the first interested party and the inquiry revealed that she was employed by ZNBC and Zambia Development Agency and had earnings of K825, 977 and K587,820 respectively, from January, 2013 to 2020 bringing the total to K1,413,797.02,” he stated.

He added that Musonda was currently employed at Export Trading Group, and the net earnings from January, 2020 to December, 2021 wsa K720,000.

“That from the foregoing disproportions in official emoluments and value of the properties owned by the first interested party I had reasonable grounds for suspecting that the properties could be proceeds of crime or were realized directly or indirectly from unlawful activity,” he said.

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