Sakwiba Sikota Among Those Caught In Money Laundering Racket

Zambian government was recently exposed to one of the biggest scams in its history. The FIC, an intelligence agency, discovered mass money laundering racket by some of the prominent names in the political, corporate and government areas. These are high profile legal counselors, government contracts, political figures, law firm owners and even ministers. Reports from the investigation also revealed that the current list of names is expected to increase as and when investigation strengthens.

Sakwiba Sikota

The list comprises of some high profile political names such as Minister Chitotela (ex-Energy Minister) and Minister Yaluma (Mines). Other high profile names included Jean Kapata and Dora Siliya. Rest of the others were either prominent lawyers or owners of big firms. One of the names present in the list is that of Sakwiba Sikota, owner of Central Chambers law firm. His name is mentioned here as he is the legal counselor of the notorious Ventriglias and has been associated with their not-so-famous activities for a long time. The case of Sakwiba Sikota clearly demonstrates that most of these lawyers and ministers are somehow associated with parties, companies or individuals have illicit connections and have been nudging the law and government with the help of their power and position.

The number of cash transactions caught under suspicion went to almost 35,000 plus, resulting in the current investigation. It was found that the cash was wired from places like China and Dubai, which are generally the safe havens for illicit money. The amount suspected in these illegal transactions is staggering, reaching almost one billion dollars. Most of the individuals caught in this act have defended themselves by arguing that the money is for government contracts. However, no evidence has been discovered for the same. The investigation is expected to unearth more names in future. In the meantime, the government should start pulling up its socks are punish those abusing their authority and power for illegal activities such as these.