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Zambian Financial Intelligence CentreICIJ
•78% Informative
Zambian financial crime investigators sent a memo to their counterparts in Eswatini , the country formerly known as Swaziland .
It laid out serious allegations that the country’s former president, Edgar Lungu , had “accumulated wealth through corrupt activities” Lungu led Zambia from January 2015 to August 2021 , when he was voted out amid accusations that his government was corrupt and authoritarian.
The memo is one of the many documents leaked from the EFIU as part of Swazi Secrets , an investigation into suspicious money flows.
Zambia 's then-information minister told Zambian media that Eswatini ’s king, Mswati III , had given the land for the planned residence as a gift to Lungu .
The story took a twist when Swazi media reported that the property was in fact not owned by Lungu but held through a company owned by Michelo Shakantu , the construction magnate.
While the news was reported in May 2018 , Zambian authorities were slow to act.
The EFIU scrutinized Michelo Shakantu’s finances and the numerous accounts and companies it said were linked to him.
The unit concluded, in rather vague language, that it “cannot rule out that the accounts of the subject and the identified entities might have been used to facilitate illegal transactions.
In 2017 , the year before Pholile Dlamini-Shakantu was appointed justice minister, the unit reported her to Anti-Corruption Commission for a host of suspicious transactions.
VR Score
82
Informative language
84
Neutral language
38
Article tone
formal
Language
English
Language complexity
67
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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