{"id":59894,"date":"2024-04-06T19:16:00","date_gmt":"2024-04-06T19:16:00","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/assets-should-be-forfeited-to-the-state-faith-musonda-has-failed-to-prove-that-seized-assets-were-genuinely-acquired-acc"},"modified":"2024-04-06T19:16:00","modified_gmt":"2024-04-06T19:16:00","slug":"assets-should-be-forfeited-to-the-state-faith-musonda-has-failed-to-prove-that-seized-assets-were-genuinely-acquired-acc","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/assets-should-be-forfeited-to-the-state-faith-musonda-has-failed-to-prove-that-seized-assets-were-genuinely-acquired-acc","title":{"rendered":"ASSETS SHOULD BE FORFEITED TO THE STATE, FAITH MUSONDA HAS FAILED TO PROVE THAT SEIZED ASSETS WERE GENUINELY ACQUIRED \u2013 ACC"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>ANTI-CORRUPTION Commission (ACC) has submitted that journalist Faith Musonda has failed to prove that the properties seized from her were genuinely acquired and, therefore, the assets should be forfeited to the State.<\/p>\n

ACC investigations officer Ferguson Kombe has submitted that the commission has demonstrated in its submission that all the seized properties in Ms Musonda\u2019s possession are reasonably suspected of being crime proceeds.<\/p>\n

\u201cWe accordingly pray for an order that all the properties subject to these proceedings be forfeited to the State,\u201d Mr Kombe submitted.<\/p>\n

Director of Public Prosecutions (DPP) Gilbert Phiri has applied that Ms Musonda\u2019s properties worth over K118 million be forfeited to the State for being proceeds of crime.<\/p>\n

Ms Musonda has been cited as the first interested party while Sela Property Investments and Covenant Broadcasting Company are second and third with Life Television Limited the fourth.<\/p>\n

The DPP, through ACC, wants the court to allow for the forfeiture of the journalist\u2019s properties, which include Sela Property Investments Limited, Covenant Broadcasting Company and Life Television Limited; Government bonds, treasury bills and Madison Finance fixed-term deposit unit, a house in Kingsland City\u2019s and other plots in Chisamba and Ibex Hill.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. ANTI-CORRUPTION Commission (ACC) has submitted that journalist Faith Musonda has failed to prove that the properties seized from her were genuinely acquired and, therefore, the assets should be forfeited to the State. ACC investigations officer Ferguson Kombe has submitted that the commission has demonstrated in its submission that all the seized properties […]<\/p>\n","protected":false},"author":84,"featured_media":59893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234,235,233],"class_list":["post-59894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nASSETS SHOULD BE FORFEITED TO THE STATE, FAITH MUSONDA HAS FAILED TO PROVE THAT SEIZED ASSETS WERE GENUINELY ACQUIRED \u2013 ACC - Zambia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/assets-should-be-forfeited-to-the-state-faith-musonda-has-failed-to-prove-that-seized-assets-were-genuinely-acquired-acc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ASSETS SHOULD BE FORFEITED TO THE STATE, FAITH MUSONDA HAS FAILED TO PROVE THAT SEIZED ASSETS WERE GENUINELY ACQUIRED \u2013 ACC\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Zambia. 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