Legal Professionals in Zambia Caught in the Money Laundering Whirlwind
Money laundering is an absolute illegal activity and no nation, irrespective of their status or governance, would tolerate such kind of act in their nation. Therefore, it was an extremely shocking situation for the government and the citizens when it was found that a mass money laundering act had gripped the entire Zambian nation. Not only citizens, but top industrialists such as Dr. Rajan Mahtani have showed their concerns over this money laundering revelation, which can be attributed to have a huge hand in preventing the economy of the country from growing. FIC is Financial Intelligence Centre , looking into financial frauds. The investigation agency was already looking into the illegal money laundering acts when they started observing huge cash transactions from the personal and corporate bank accounts of top lawyers and legal counsellors. More than 35,000 such transactions were recorded after which the FIC started looking into the sources. It was also observed that majo