By Beatrice Mfula
Lusaka businessman SHADRICK KASANDA and two others have pleaded not guilty to six counts of obtaining money by false pretense and money laundering involving about US$500,000.
Mr. KASANDA is jointly charged with two other businessmen, DOMINIC TWINJIKA and TREASURE MALANDALA and a company called LUWOWOSHI Mining Limited.
The accused are facing six counts of Obtaining Money by False Pretences and money laundering.
In count one, Mr. TWINJIKA, on dates unknown, but between November 1, 2020 and December 30, 2020 in Lusaka with intent to deceive or defraud, allegedly obtained US$9,045 from ANTON RUSSELL, purporting that the money was for cobalt transaction.
In the second count, TWINJIKA, MALANDALA, KASANDA and LUWOWOSHI Mining Limited, on dates unknown but between November 1, 2020 and December 30, 2020 in Lusaka, jointly and whilst acting together, with intent to deceive or defraud, obtained $72,160 from ANTON RUSSELL by pretending that they would sell him 82-kilograms of gold.
Allegations in the sixth count are that KASANDA, TWINJIKA, MALANDALA and LUWOWOSHI Mining Limited within the same period jointly and whilst acting together, acquired and used $522,165 deemed to be proceeds of crime.
The matter is scheduled for trial on October 16 and 17.
The accused were indicted in 2022 and appeared before former LUSAKA Magistrate NTHANDOSE CHABALA who later requested the reallocation of the matter when he was transferred.
Chief Resident Magistrate DAVIES CHIBWILI has reallocated the matter to LUSAKA Resident Magistrate KAWAMA MWAMFULI.
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