The Anti-Corruption Commission-ACC- has arrested former Citizens Economic Empowerment Commission -CEEC)-Finance Director, Dean Chanda ,and Director of Schubert Investments Limited, Schubert Musonda for Corrupt practices involving One Thousand Kwacha.
The two have since been charged and arrested.
In count 1, details are that between 1st June, 2010 and 30th June, 2010, Mr. Chanda, 46, of Plot Number 7264/M Makeni, in Lusaka corruptly obtained One Thousand Kwacha cheque gratification from Schubert Investment Ltd as a reward for himself for having facilitated for the issuance of a Citizens Economic Empowerment Commission loan to Schubert Investments Ltd.
In count 2, details are that between 1st June 2010 and 30th June 2010 Mr. Musonda, 42, of House Number 29, Ndeke Village in Kitwe jointly with his Company Schubert Investments Ltd, corruptly gave the cheque gratification to Mr. Chanda for having facilitated the issuance of a loan to Schubert Investments Ltd.
The duo who has since been released on Bond will appear in court soon.
This is according to a statement released to Muvi TV news by ACC Public Relations Manager, Timothy Moono.Kindly note that all comments will be reviewed for appropriate content. Please show respect to those who will read your comments.