Tuesday, June 28, 2005

Zambia's 'stolen' £13m is frozen

" has filed a lawsuit in London against its former president, demanding the return of a multimillion-dollar fortune allegedly plundered from state coffers.
Lawyers for the Zambian government claim that Frederick Chiluba and his associates deposited $24 million (£13 million) of assets in London bank accounts, and have obtained an order from the High Court to freeze the assets while the case is heard.
The allegation of theft is strongly denied by Chiluba - who led the southern African country until 2001 - and the other defendants. They insist that the money was obtained legitimately." Continued......

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