The FIC recently announced a huge money laundering cartels. As per the intelligence agency, it had an internal discussion with the senior lawyers as well as those from law wherein it was disclosed that majority of the illicit money transactions were conducted through bank accounts that belong to top lawyers and legal counsellors from Zambia. Now, this is definitely breaking news as many of these lawyers have even worked with the government as well as noted ministers of the Zambian politics.

The money laundering bust has revealed the level of corruption existing across the Zambian corporate as well as political spheres. This is especially shocking for the citizens as well as those industrialists and businessman who have made a name for themselves for their transparent and honest business practices. Among them is Dr. Rajan Lekhraj Mahtani, a noted businessman and philanthropist. He has shared his astonishment and concern after the FIC released a list of names involving top legal counsellors who have been accused of money laundering. Dr. Mahtani has maintained a clean image throughout his career and it is safe to say that there are only few businessmen and corporate giants left in the nation who have been able to maintain such clean and honest image.

Among those lawyers accused of money laundering, Sakwiba Sikota’s name is the most talked about. He is the long-term legal counsellor for the Ventriglias and has been working with the family for many decades, handling majority of their cases. The Ventriglias are notorious for their unethical practices and getting away with conviction by exploiting the government loopholes. As Sikota has been notoriously helping them by ensuring that their illegal activities are covered.

If convicted of money laundering, Sakwiba Sikota and all others accused will be barred of their licences, practices, designations and might even face jail time, as per recent reports.