back to top
POSTED IN

Court in Lilongwe adjourns money laundering case

The Lilongwe Senior Resident Magistrate (SRM) court has adjourned a money laundering case involving a Sri-Lankan, Kankanige Anvra Piyaratana Avis (62), and three Chinese nationals namely; Lin Huixin (25), Li Hao Yuan (33) and Hua Qin Zhang (46).

{loadmoduleid 115}

Speaking on Tuesday in court Pililani Masanjala who represented the state said that the accused were charged of doing acts in Lilongwe that were contrary to section 42 (1)(b) of the Financial Crimes Act.

Two of the three Chinese nationals who are being accused posing with their defense lawyer, Ndalama

 “Li Hao Yuan and Hua Qin Zhang between September 1, 2017 and November 26, 2020 were found in Lilongwe depositing and transacting money amounting to K200 million through account number 9100000342170 of Moni International Limited domiciled at Standard Bank Malawi.

{loadmoduleid 115}

“In addition to that; Li Hao Yuan, Hua Qin Zhang, and Kankanige Anura Piyaratuna Alwis between December 5, 2017, and January 2021 at Marina Casino in Lilongwe city converted K128, 590, 518.00 into gambling chips,” said Masanjala.

He further said that the third Chinese national, Lin Huixin was charged with exchanging foreign currency amounting to US 310, 000 dollars with a Sri Lankan, Kankanige Anura Piyaratuna Alwis without permission from the Ministry of Finance.

{loadmoduleid 115}

On their part before the court, the three Chinese nationals pleaded guilty to their charges while a Sri Lankan pleaded not guilty to his charge.

The Senior Resident Magistrate, Madalitso Khoswe Chimwaza adjourned the case involving a Sri Lankan to March 1, 2023, to pave way for the state to parade its witnesses regarding the case.

{loadmoduleid 115}

She also adjoined the case involving three Chinese nationals to March 2, 2023, for sentencing submissions.

In his comment, one of the defense lawyers, Chrispine Ndalama said that as the defense they were pleased with the decision that the Senior Resident Magistrate made.  

Related articles

Minister NyaLonje stresses need for well-trained, professional labour inspectors

Minister of Labour and Manpower Development, Agnes NyaLonje, has emphasized the need for Malawi to have well-trained labour inspectors to provide quality advice to workers and employers.

Love in the digital age: Malawi’s dating revolution

In the era of swipes and matches, Malawi's dating landscape is undergoing a significant transformation. Traditional courtship is giving way to dating apps, as young Malawians increasingly turn to these platforms to find love, connection, and companionship.

Chakwera pardons 22 prisoners for christmas celebrations

President Lazarus Chakwera has pardoned 22 prisoners as part of the 2024 Christmas celebrations, an initiative aimed at showing clemency and decongesting the country’s prisons.

Tigers Coach Slams Poor Officiation in Karonga United Clash

Christopher Nyambose, the coach of Tigers Football Club, has expressed his frustration with the poor officiation during their recent 2023 Tnm Super League game against Karonga United.Â