In September 2021, Milingo Lungu, the state-appointed provisional liquidator of Zambia's Konkola Copper Mines (KCM), was arrested and charged with money laundering. Lungu, who had been overseeing the operations of KCM since its liquidation in 2019, faced allegations of laundering more than $2 million. The charges were brought forward by Zambia's Drug Enforcement Commission, which accused Lungu of transferring the funds to his personal accounts. Lungu, however, dismissed the charges as baseless and politically motivated. The case has drawn significant attention due to its implications for Zambia's mining sector and the ongoing legal battles over KCM's ownership. The outcome of this case remains closely watched by financial professionals and stakeholders in the mining industry.