Hong Kong, Oct. 28 – A Zambian ex-minister who buried 2.1 billion Zambian Kwacha (approx. 420 million US Dollars) at his farm in two metal safes is to turn himself before investigators Tuesday.
Austin Liato – a former minister of labour – has not commented or reported the money missing since it was dug-out from an electrified underground bunker last week Thursday.
A crack taskforce investigating allegation of mismanagement and plunder of public resources during past president Rupiah Banda’s three year reign is expected to formally arrest and charge Liato once he turns himself in.
Investigators are yet to establish the source of the money or why it was buried and concealed under thick layers of concrete.
Zambian leader, Michael Sata described the way the money was hidden as “mafia-style“, hours after it was dug-out.