adplus-dvertising
Metro

Former President Edgar Lungu’s daughter loses K9 million property

Edgar Lungu daughter

The state has taken possession of former President Edgar Lungu’s daughter Chiyeso’s properties worth over K9 million for being proceeds of crime.

The said properties include Crest Lodge, three flats in Lusaka’s State Lodge area, two farms with a high cost house and four chickens runs worth K9.3 million.

In her submissions before the court’s decision to have the properties forfeited to the state, Ms. Lungu argued that the properties were acquired through the help of her father, former President Edgar Lungu.

But in the judgement, the Economic and Financial Crimes Court says it will not create a dangerous precedent where people who obtain all manner of property or assets in illegitimate ways and when they are called upon to account for the same, they merely point to their fathers as the sources of funding, without clear and logical evidence.

In this matter, the Director of Public Prosecution (DPP) Gilbert Phiri had moved a motion of a non-conviction based forfeiture order in the Economic and Financial Crimes Court seeking a relief that Ms. Lungu’s property be forfeited to the state as she had no viable sources of income.

Source: Diamond TV Zambia

... Former President Edgar Lungu’s daughter loses K9 million property Read More on ... Face of Malawi.

WATCH NOW

DOWNLOAD NOW