The Economic and Financial Crimes Court has heard how former defense Minister Geoffrey Bwalya Mwamba’s company, Germans Motorways received over K70 million from the Ministry of Finance, funds reasonably suspected to be proceeds of crime.
In this matter, Mr. Mwamba stands charged with corruption and money laundering allegations involving over 2.7 million dollars and K20 million.
And, when the matter came up for continued trial before Magistrate Stanford Ngobola, a state witness Idah Chilumbu, a banker at Atlas Mara Bank informed the court that Mr. Mwaamba received the said money in his bank account during the period 2019 to 2021.
And when asked during Cross Examination by defense Charles Chisangano whether it was illegal for Mr. Bwalya to make such transactions, the witness answered in the negative.
By Darius Choonya