Police have arrested and charged Lungu's son!

Daliso Lungu, President Edgar Lungu’s son, has been arrested and charged for the offence of possession of property suspected to be proceeds of crime snd Money laundering.

Lusaka, June 26 – In the continued political persecution of former President Edgar Chagwa Lungu and his family, Police have arrested and charged Daliso Lungu aged 36 a businessman of Plot number 75 Kanakatapa in Chongwe and Matildah Likando Milinga aged 36 the wife to Daliso Lungu of House number four Berere road in Olympia both Directors of a company known as Saloid Traders Limited for the offence of possession of property suspected to be proceeds of crime contrary to Section 71 of the Forfeiture of Proceeds of Crime Act no. 19 of 2010.

Brief facts of the matter are that the company owns 48 motors vehicles all valued at K23,258,405 and fixed assets valued at K12,825,100 suspected to be proceeds of crime.

Further Daliso Lungu as an individual has been arrested and charged for the offence of possession of property suspected to be proceeds of crime contrary to Section 71 of the Forfeiture of Proceeds of Crime Act no. 19 of 2010 in relation to the possession of 21 motor vehicles all valued at K1,522,549.76 and fixed assets valued at K31,517,300 all registered in his names.

Also Read: Police brutality negatively impacting Zambia’s human rights record.

Daliso Lungu has also been arrested and charged for the offence of Money laundering under the Prohibition and Prevention of Money Laundering Amendment Act no. 44 of 2010.

It is alleged that Daliso Lungu did also launder money amounting to K23,981,966.45 which he was depositing into the Saloid Traders Limited account domiciled at ZANACO Cairo Business Centre Lusaka Branch. This occurred between 17th September, 2017 and 24th January, 2022 in Lusaka.

The duo has since been released on police bond and will appear in court soon.