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Savala gets 7 years for money laundering

Business woman, Caroline Savala sentenced to seven years imprisonment for money laundering and three years for theft. The sentences will run concurrently.

Savala who was found guilty of theft and money laundering amounting to K84 million remained calm as Judge Fiona Mwale passed the sentence.savala

Judge Mwale dismissed defense counsel’s mitigation plea that Savala was cooperative and showed remorse hence, deserved a lenient sentence.

Mwale who described Savala as lacking integrity, said she deserved a maximum sentence. Maximum sentence for money laundering is 11 years imprisonment.

“She was not cooperative; at times she refused to answer questions during cross examination for fear of implicating herself. She knew that the proceeds which were gotten were obtained from fraudulent means. In fact this case was technical and she was liable to receiving the maximum sentence,” Mwale said.

In sentencing Savala, Judge Mwale said she considered the impact cashgate has brought to the country and the economy. Cashgate led to donor freeze among other things.

 

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