A 49 year old Ndola based businessman arrested for issuing cheques on an insufficiently funded account.

April 19, 2024 –

Police in Lusaka have arrested a Ndola based businessman identified as Floyd Malembeka Mayamba aged 49 for issuing cheques on an insufficiently funded account.

In a statement today, Police Public relations officer Rae Hamoonga said the Fraud and Financial Investigations Unit dealt with a complaint from a Kabwe businessman who complained that a known person by the name of Floyd Malembeka Mayamba also trading as Inter-Fertilizer Commodities Exchange issued him with four cheques on an insufficiently funded account on pretext that he was paying for four tractors valued at K2,406,884.00

Mr. Hamoonga said the suspect was arrested by Police in Lusaka and later released on Police bond.

The police spokesperson noted that the suspect was scheduled to appear in court on August 8, 2023 but has been eluding Police officers.

Mr. Hamoonga stated that Police officers cornered him yesterday around 14:00 hours in Lusaka’s Woodlands area.

He said the suspect is also wanted by Police in Ndola, Copperbelt Province and Kalomo in Southern Province where he is believed to have committed similar offences.

And Mr. Hamoonga noted that in Ndola, between September 6 and 11, 2023, Mr. Malembeka is alleged to have defrauded a Ndola businessman by drawing fuel after issuing him with two cheques worth K 25,000.00 each on an insufficiently funded account.

He said the cheques were under his company name and in Kalomo, Southern Province, the suspect is wanted for the offence of Theft by Agent.

Mr. Hamoonga said preliminary Investigations indicate that a man only identified as Tebuho aged 58 reported that his money, amounting to K95,000.00 as stolen by Floyd Malembeka Mayamba of Ndola after he was given the money to buy a motor vehicle, Isuzu D-TEC Double Cab from South Africa.

“This occurred between April 15, 2015 and June 11, 2015 in Kalomo District. The suspect, who at that time was a businessman engaged in buying motor vehicles for clients, has not bought the motor vehicle and was reported to be on the run.”

“He is currently detained in Police custody pending court appearance and further charges to laid against him.” Mr. Hamoonga