Court Denies Yamba Bail

Published: 23 Oct, 2025 07:59 Sources: S1S2S3 Category: Politics Language: English Country: Zambia
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The Lusaka Magistrates’ Court rejected former Treasury Secretary Fredson Yamba’s application for bail as he appeals a three-year prison term for irregularly approving a K108 million transfer tied to government property purchases in Turkey. Acting Chief Resident Magistrate Irene Wishimanga ruled that the appeal had little prospect of success. The court also ordered the forfeiture of two aircraft and three properties linked to co-accused Joseph Malanji, strengthening the state’s asset recovery efforts.