Again, Lusaka businessman, Kasanda, charged with defrauding company of over US$275,000

Police in Lusaka have arrested and charged businessman Shadreck Kapasa Kasanda, 36, of Ibex Hill, for allegedly obtaining more than US$275,000 from a company under false pretences.

According to Deputy Police Public Relations Officer, Godfrey Chilabi, in a statement issued on Monday, Kasanda faces one count of obtaining money by false pretences, contrary to Section 309 of the Penal Code, Chapter 87 of the Laws of Zambia.

Kasanda allegedly misled Africa Tango Limited by claiming he would supply 20 kilograms of gold, resulting in the company parting with US$275,500.

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“The alleged offence is reported to have occurred between July 27 and October 20, 2018, in Lusaka District,” Chilabi said.

Kasanda had since been released on police bond and is awaiting his court appearance.

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