Underground bank and Money Laundering Typologies – Viets & Sino

The Perpetrator was Ruan Zhizhong who operated in China and Vietnam. In August 2009 Chinese law-enforcement raided an underground bank and money laundering gang that had sent an estimated USD1.46 billion abroad in illegal transfers. Chinese media reported that, “During a raid of the gang’s headquarters in Guangxi’s Fangchenggang City, Police seized 70 deposit books,Continue reading “Underground bank and Money Laundering Typologies – Viets & Sino”

Impact of COVID-19 on AML/CTF Regime

Authored by Diphat Tembo-CAMS, Director-Compliance and Prevention Department of the Financial Intelligence Centre-Zambia and Kunda Kalaba-CAMs, CFE, Managing Partner KEMMAN Consultancy. The Coronavirus-COVID-19 has infected more than 57,228,106 individuals globally, and killed over 1,365,461 people, since being identified in China at the end of 2019, spurring governments across the World introducing measures such as socialContinue reading “Impact of COVID-19 on AML/CTF Regime”

Matrix of theft of $105 million at Ndola Lime

In June 2020 Gregory Chifire alleged that $105 Million had been stolen at Ndola Lime through a series of transactional activities he termed “Matrix of theft of $105 million at Ndola Lime”. To the initiated, these series of financial transactional activities and actions qualify to be one of the Anti-Money Laundering (AML) typologies worth beingContinue reading “Matrix of theft of $105 million at Ndola Lime”

The Generational Gap is widening

The Generational Gap of value systems between Parents and Children is not not only widening but worrying. The African Concept and methodology of correcting and control (ukukontolola), “teaching lessons” (ukufunda) and raising “disciplined and obedient Children” has a slightly different connotation from other Western Cultures. The African version is slowly waning away. African Children areContinue reading “The Generational Gap is widening”

Financial Intelligence Centre (FIC) Zambia

From 2010 to 2020, the Financial Intelligence Centre (FIC) Act in Zambia has gone through several legal surgeries or amendments. There is a proposed (Amendment) Bill, 2020 [N.A.B. 11, 2020] dated 7th of October, 2020 which is currently at first reading before the Zambian Parliament. The Bill seeks to amend the Financial Intelligence Centre Act,Continue reading “Financial Intelligence Centre (FIC) Zambia”

CUSTOMARY LAND GOVERNANCE IN ZAMBIA

CUSTOMARY LAND GOVERNANCE IN ZAMBIA: INERTIA, CONFUSION AND CORRUPTION EPHRAIM KABUNDA MUNSHIFWA from the Department of Real Estate Studies, School of the Built Environment at the Copperbelt University, Zambia prepared a for presentation at the “2018 WORLD BANK CONFERENCE ON LAND AND POVERTY” The World Bank – Washington DC, March 19-23, 2018 Copyright 2018 byContinue reading “CUSTOMARY LAND GOVERNANCE IN ZAMBIA”

Terrorism within African Territories

05/20/2020 – Deep Reflection – Terrorism within African Territories As the Southern African Development Community (SADC) Troika summit is currently underway in Zimbabwe’s Capital City Harare with President Dr. Mokgweetsi Eric Keabetswe Masisi of Botswana, President Filipe Jacinto Nyusi of Mozambique, President Dr. Edgar Changwa Lungu SC of Zambia and the host President Dr. EmmersonContinue reading “Terrorism within African Territories”