INFORMATION TECHNOLOGY SPECIALIST AT ONE OF THE LEADING INTERNATIONAL BANKS FOR MONEY LAUNDERING ACTIVITIES INVOLVING OVER K100 MILLION

THE DRUG ENFORCEMENT COMMISSION HAS ARRESTED AN INFORMATION TECHNOLOGY SPECIALIST AT ONE OF THE LEADING INTERNATIONAL BANKS FOR MONEY LAUNDERING ACTIVITIES INVOLVING OVER K100 MILLION.

DEC PUBLIC RELATIONS MANAGER JOHN NYAWALI SAID CHEWE CHITOMFWA, 37, ON DATES BETWEEN 1^ST JANUARY 2008 AND 31^ST DECEMBER 2010 IN HIS CAPACITY AS AN IT SPECIALIST MANIPULATED THE TECHNOLOGICAL SYSTEMS OF THE BANK AND DIVERTED A TOTAL OF K105 MILLION FROM THE BANK.

HE EXPLAINED THAT MR. CHITOMFWA MANIPULATED THE SYSTEMS BY SHOWING THAT MORE MONEY WAS DEPOSITED INTO THE BANK’S DEPOSIT ACCOUNTS WHEN IN FACT NOT AND DIVERTED THE MONEY INTO HIS PERSONAL BUSINESS ACCOUNT NAMED TECHSOL SYSTEMS LIMITED.

MR NYAWALI ADDS THAT MR. CHITOMFYA WHO HAS ALREADY STARTED APPEARING BEFORE A LUSAKA MAGISTRATE COURT HAS BEEN DENIED BAIL DUE TO THE SERIOUSNESS OF THE OFFENCE AND HAS SINCE BEEN TAKEN TO A REMAND PRISON.

AND THE COMMISSION HAS EXTENDED ITS INVESTIGATIONS TO OTHER EMPLOYEES OF THE BANK WITHIN ITS IT DEPARTMENT AS IT SUSPECTED THAT THE SCAM COULD BE BIGGER.

THE ARREST OF MR. CHITOMFYA COMES FEW MONTHS AFTER A CONGOLESE ELECTRICAL ENGINEER AND A ZAMBIAN BUSINESSMAN WERE ARRESTED FOR SIPHONING HUGE SUMS OF MONEY FROM OTHER PEOPLE’S OFF-SHORE ACCOUNTS AFTER CAPTURING PASSWORDS AND OTHER SENSITIVE PERSONAL BANKING TO DETAILS TO FRAUDULENTLY DUPLICATE VISA ELECTRONIC CARDS.

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