BLANTYRE-(MaraviPost)-The President Lazarus Chakwera’s Tonse Alliance government has started auctioning property which was seized from Oswald Lutepo and other cash gate convicts totaling to over M1.4 billion.
According to Steve Kayuni, director of public prosecution, Lutepo’s property which is being auctioned is totaling to MK600 million which includes a house, his factory in Blantyre and the state is also keeping his MK50 million bail bond.
Kayuni also disclosed that the government is also auctioning a house belonging to another chaste convict the late Teresa Senzani, former PS for ministry of tourism which is worth MK340 million.
In addition, the director of public prosecution has disclosed that government is also auctioning property belonging to cash gate convict Leonard Kalonga which worth MK500 million.
He also disclosed that there is also a machine which was confiscated from a company belonging a Chinese national which was used produce thin plastics that is being auctioned but it’s not part of the cash gate cases.
The convicted politician cum businessperson Lutepo got his freedom on Friday, January 14, 2022 after his release from Zomba Prison.
He was sentenced by Judge Redson Kapindu to 11 years with hard labour on Friday, September 4, 2015 over money laundering and conspiracy to defraud government about K4.2 billion in the infamous cashgate scandal.