THE Anti-Money Laundering Investigations Unit of the Drug Enforcement Commission (DEC) has arrested Katuba Member of Parliament Jonas Shakafuswa's brother, Charles for money laundering activities involving more than K200 million.

DEC public relations manager John Nyawali said Mr Shakafuswa, 49, of New John Laing Township in Lusaka, was arrested together with his two nephews, Farai Mhende, 23, of Emmasdale residential area in Lusaka and Victor Banda, 33, from Libala in the capital city.

Mr Nyawali said Mr Shakafuswa, acting together with his younger brother Ephraim Shakafuswa and their two nephews swindled Sunburn Trading and Enterprises of Hungary out of K201 million by purporting to have secured land in Livingstone, which they wanted to lease to the company.

Mr Nyawali said in a statement released in Lusaka yesterday that a manhunt has been launched for Ephraim who is currently on the run.

"The Shakafuswa brothers claimed that they had secured land near the Victoria Falls from Zesco Limited for Sunburn Traders to construct some recreation facilities.

"The money was transferred to the Shakafuswa brothers and their two nephews through electronic money transfer using an identified commercial bank and an international money transfer organisation," he said.

Mr Nyawali said the trio have been released on police bond and will appear in court soon.