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Former Labour Minister, Austin Liato has been handed a two year sentence
with hard labour in the 2.1 billion kwacha case by a Lusaka Magistrate court.
This is in the matter in which Mr Liato was facing one count of being in
possession of property suspected of being proceeds of crime contrary to the forfeiture
of proceeds of crime Act number 19 of 2010 of the laws of Zambia.
Principal Magistrate Aridah Chulu handed the former minister the jail
term when he appeared for judgment today.
Mr Liato has also been ordered to forfeit to the state, the respective
money as well as the farm where he had buried the money.
Last year, the former in the Rupiah Banda regime
buried the 2.1 billion Kwacha cash in two steel trunks under a thick layer of
concrete slab in a highly fortified and electronically fitted structure at his
farm in the outskirts of the capital, Lusaka.
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