Thursday, 24 May 2012

Zambian former minister sentenced for buried money

Most politicians squirrel away money in offshore bank accounts. Austin Liato decided to bury it. The former labour minister in Banda's government in Zambia has been sentenced to hard labour over $400 000 found buried on his farm. It appears he wasn't charged with corruption. Initially charged with receiving proceeds of a crime, he was later convicted of concealing the proceeds of a crime. Because:
Magistrate Arida Chulu said the court had a duty to ensure that the economy was not distorted by politicians by virtue of their positions.
Burying money is really a crime? It sounds a little thin to me. 

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