According to the Electoral Process Act, a person (Presidential candidate) who swears or affirms falsely commits an offence and is liable, upon conviction, to imprisonment for a term of seven years without the option of a fine.
This is in line with revelations by the Panama Papers which HH has never denied but in fact bragged about saying he was a smart investor and entrepreneur.
In 2015 and 2016, Hakainde Hichilema falsely declared that he was worth K63.9m and K73.16m respectively. In his 2016 declaration HH blatantly lied that all his shares were only worth K13.75 million and that he only had K1.55 million in cash, but just a year later the Panama Papers revealed that Mr. Hichilema had over K150m stashed offshore in a web of cash and shares in companies he was hiding from the tax man.
Consequently Hichilema is not only guilty of uttering a false document (declaration forms), and giving false information to a public officer on two occasions (2015 and 2016), but he is liable to a 7 year jail sentence under the Electoral Process Act for falsely swearing and affirming his assets and liabilities.
HH could be looking at two consecutive 7 year jail terms on top of another 2 years jail sentence like Kambwili.