As per the latest news update by FIC (Financial Intelligence Centre), some of the prominent lawyers and legal counselors across Zambia have been caught in illegal money laundering scheme. FIC provides intelligence related to financial matters across the nation and its latest revelation has shocked the nation. With this revelation, FIC also released a list of names of some noted figures suspected of money laundering. This list comprises of political figures, owners of law firms, top legal counselors as well as government contractors. It is suspected that majority of these individuals or groups had some kind of political support as a result of which, they were able to escape law and government scrutiny for too long.
Money laundering is a criminal activity, especially when done illegally and the source of money is unlawful. The FIC (Financial Intelligence Centre), an intelligence bureau from Zambia recently unearthed a mass money-laundering racket involving prominent lawyers from Zambia. This is a huge revelation in Zambia’s corruption history because the number of high-profile individuals involved in this racket is huge.