LL High Court Finds Namata, Kasamba Guilty in Cashgate Case
The
Lilongwe High Court has found guilty two Cashgate suspects Maxwell Namata and
Luke Kasamba on cases they have been answering for money laundering and theft
of government money.
Sentence on 2 February at 2 pm
On
Wednesday the two appeared before Justice Annabel Mtalimanja on charges of theft and
money laundering of up to K24.1 million from Ministry of Tourism through
cheques the ministry issued two times yet the recipients did not supplying any service.
The two cheques were deposited into Cross Marketing Limited bank account.
Namata
has been found guilty of theft up to K14.4 million and money laundering of the
said amount, while Luke Kasamba was found guilty of laundering K24.1 million.
Maxwell
Namata for two times deposited Cheque amounting to K9.7 Million and K14.4
million got from Ministry of Tourism into Cross Marketing Limited bank account
and Luke Kasamba a manager for the company was responsible for the withdrawal
of the deposited money and handed it over to Namata.
Namata
was found guilty on money laundering and theft of K14.4 million but no evidence
found his link on K9.7 million. Kasamba was found guilty of laundering K24.1
million because he was responsible in the transfer of the funds.
Meanwhile
laywers from both sides have been asked by the court to make submissions on
sentencing by 29th January.
The
two will start spending their night at Maula Prison.
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