Crime News
Man Jailed For Burying $450M Stolen Money On His Farm
May 24, 2012 – Man Jailed For Burying $420 Million On His Farm
The crook you’re looking at above is the former Zambian Labour Minister, Austin Liato who was arrested in December of 2011 after a shocking discovery of 2 buried trunks filled with money under a layer of concrete on his farm. naijagists.com
The money buried is around $450 million.
To cut the long story short, this greedy man has been sentenced to 2-years in prison with hard labour.
How Austin Liato Got Bursted
In Dec. 2011, a combined team of law enforcement officers in unearthed and seized K2.1 billion from the former Labour Minister’s farm in Lusaka West.
Officers from the Police, Anti-Corruption Commission and the Drug Enforcement Commission undertook a two hour joint operations to uncover and seize money buried in two trunks at Mr Liato’s farm number 44 in Mwembeshi area.
Some people live as if they’ll never die again.
Sule Abiola
May 24, 2012 at 10:34 PM
The man should spend at least 15 yrs in prison with hard labour . dat particular amount is just tooooooooooooooooooo much. His tenth generation can not finish the money .Why would he do such a thing …. that times 5 what James Iboro of Nigeria loot& he is serving 13 yrs i prisonment in london.The government should try to extend the jail term to at least 15yrs & all his properties should be seized. Nobody has ever loot this large sum of money in nigeria i guess. the greedy man case should be seriously look into.
Jprince
May 26, 2012 at 6:42 AM
Nawao.. Dis corruption even dey everywhere.
stellas
June 2, 2012 at 7:52 AM
The 2yrs sentence is too small for such offence.this is money he would have used 2 benefit d larger society. He did not know God that is why he thought d world belong 2 . God will mercy
Lanre Ajadi
August 6, 2012 at 11:35 AM
I never knew the likes of Bankole, Erastus, Ibori, Abacha, Babangida, Obasanjo, the Senators, Lawan ets exist in other African Nations. The money was just too much and millions will be wallowing in poverty in that same country without any form of concern from the pple in power. Anyway, there is ‘Nemesis’at their gate!