Two ZANACO ATM Custodians Arrested Over K1 Million Theft

Two ZANACO ATM custodians have been arrested in Zambia over an alleged theft of more than K1 million. The suspects, Melinda Longwa and Jessy Phiri, are facing allegations of theft by servant after the money reportedly went missing from the bank's ATM room in Lundazi District, Eastern Province. The arrests were made by police in connection with the alleged crime.

Police in Zambia have arrested two ZANACO ATM custodians over an alleged theft of more than K1 million. According to reports, Melinda Longwa and Jessy Phiri are facing allegations of theft by servant after K1,000,050 reportedly went missing from the bank's ATM room in Lundazi District, Eastern Province. This development is significant as it highlights the need for increased security measures at financial institutions.

Theft by servant is a serious offense under Zambian law, punishable under the Penal Code. The crime involves the unauthorized taking of property belonging to an employer or principal. In this case, the two suspects are alleged to have stolen money from their employer's ATM room, which is a clear breach of trust and a serious offense.

The arrests raise questions about the security measures in place at ZANACO's Lundazi Branch. It is unclear how the suspects were able to steal such a large amount of money without being detected. The incident also highlights the need for financial institutions to implement robust security protocols to prevent similar incidents from occurring in the future.

The arrests of Melinda Longwa and Jessy Phiri are a reminder that theft by servant is a serious offense in Zambia. Financial institutions must take steps to ensure that their employees are trustworthy and that adequate security measures are in place to prevent unauthorized access to sensitive areas such as ATM rooms.