Lusaka businessman, Shadreck Kasanda, has been taken to Court for fraudulently obtaining money by pretending to supply gold amounting to about US$1 million.
Kasanda, 33, was jointly charged with Dominic Twinjika, Treasure Malandala both businessmen and Luwowoshi Mining Limited.
According to the statement of indictment before Lusaka Magistrate Court, Kasanda faces four counts of obtaining money by False Pretenses, contrary to Section 309 of the Penal Code Chapter 87 of the Laws of Zambia.
In count one, it is alleged Twinjika, on dates unknown, but between November 1, 2020 and December 30, 2020 in Lusaka, with intent to deceive or defraud, did obtain US$ 9,045.10 from Anton Russell by falsely pretending that it was for storage and transportation of Cobalt when in fact not.
In count 2, during the same period, Kasanda, Twinjika, Malandala and Luwowoshi Mining Limited, jointly and whilst acting together, with intent to deceive or defraud, did obtain US$72,160.00 from Anton Russell by falsely pretending that they had 82kg of gold for sale when in fact not.
Facts in count 3 are that the four jointly and whist acting together, with intent to deceive or defraud, did obtain US$ 16,000 cash from Russell that he would be supplied with 107kg of gold for sale when in fact not.
In counts 4 and 5, they fraudulently obtained US$360.000 from Russell by falsely pretending that the money would be paid to Zambia Revenue Authority for mineral tax clearance certificate for the export of 82kgs of gold when in fact not and US$124,000 by falsely pretending that the money was for chartering a plane from Lusaka to Dubai.
In the last count of money laundering, contrary to Section 7 of the Prohibition and Prevention of Money Laundering Act 14 of 2001, as amended by Act No 44 of 2010 of the Laws of Twinjika, Malandala, and Luwowoshi Mining Limited, jointly and whilst acting together, did acquire and use US$522, 165.40 knowing the same to be proceeds of crime.
The suspects are expected to take plea on Wednesday before magistrate Kawama Mwamfuli.
Kasanda is currently in detention at Mwembeshi Correctional facility for Espionage in connection with the $5.6 cash and gold scandal at Kenneth Kaunda International Airport in August.
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