• This is contrary to section 358 of the Penal Code Chapter 87 of the Laws of Zambia.
• Two motor vehicles have been seized in relation to this matter.
• Counterfeit currency disrupts the normal functioning of the economy.

Drug Enforcement Commission (DEC) says it has arrested a Congolese national and a Zambian for possession of counterfeit notes amounting to US$129,700, while two motor vehicles have been seized in relation to the same case.
Commission Public Relations Officer Hussein Khan identified the two suspects as Adolf Shimbobo aged 43 and Macmillian Hamunene 38, who have jointly been charged for Possession of Counterfeit notes contrary to the Laws of Zambia.
Mr. Khan further disclosed that in Chipata, Eastern Province, the Commission has charged and arrested a Malawian national identified as Emmanuel Nkhoma, 36 for possession of counterfeit notes amounting to K33, 500.
“In addition, two motor vehicles have been seized in relation to this matter these are; a Toyota Mark X registration number BAZ 2852 and a Toyota Allion registration number BAX 9718. The suspects are detained in lawful custody and will appear in court soon,” Mr. Khan said.
And Mr. Khan advised all players in the financial space to seek sensitization on the identification of counterfeit notes from the relevant authorities, noting that such money disrupts the normal functioning of the economy.
“Businesses may suffer losses when they unknowingly accept counterfeit notes, as they cannot be reimbursed for their value. This can lead to reduced profits and financial instability. Needless to say, that individuals may also be defrauded of their hard earned funds in exchange for worthless pieces of paper.”
“We wish to caution the members of the pubic to guard themselves from being duped by conmen who promise to multiply their money through unclear procedures which are just fraudulent. We urge the public to report any emergence of counterfeit notes to us,” he added.