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Daily Nation > Blog > Local News > Crime > ACC seizes restricted properties worth K477M
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ACC seizes restricted properties worth K477M

Daily Nation
Last updated: April 14, 2023 12:54 pm
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THE Anti-Corruption Commission (ACC) says it has seized and restricted properties whose cases are either in court or under investigation valued at over K477 million.

ACC head of corporate communication, Timothy Moono has disclosed that the Commission received a total of 113 reports of suspected corruption in the first quarter of 2023.

Mr Moono said of the cases, 110 reports contained elements of corruption and were authorized for investigations, while three were pending further action adding that 28 arrests were also affected during the quarter.

He said at the close of the quarter, the Commission had 1,341 cases under investigations adding that at the end of the quarter 43 Criminal cases and 15 Civil cases were before the courts of law.

Mr Moono said this in the first quarter media briefing of the ACC.

He also said the commission has restricted over 100 bank accounts for the Ministry of Finance officials with a total sum of K31.8 million.

“We believe that transparency and accountability are critical elements in the fight against corruption, and the Commission is committed to keeping the public informed about our activities and progress” 

“We also encourage members of the public to come forward with any information or evidence they may have regarding corrupt practices, as this will help us in our efforts to root out corruption and hold those responsible accountable for their actions,” he said.

Mr Moono said restrictions have also been affected on Treasury Bills and Bonds held by 18 Officials from the Ministry of Finance and Auditor General’s Office held at the Bank of Zambia.

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Meanwhile, Mr Moono said the announcement made recently by the United States of America Vice- President Ms Kamala Harris that her country would provide financial support amounting to US$16million toward the fight against corruption and allied programmes would go a long way.

 Ms Kamala Harris made this announcement during her maiden state visit to Zambia.

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