Zambians for Empowerment and Development (ZED) says government should disclose how much is involved in terms of compensation in the reversal of the Zamtel sale.
ZED president Fred Mutesa told QFM in an exclusive interview that he believes the Zambian government will have to compensate LAP Green hence Zambians deserve to know how much is involved.
Dr. Mutesa has further appealed to the government to state its plans for Zamtel now that it has taken over the company.
He says it is important for government to state whether it will continue running Zamtel or will privatize the company.
He has however urged government to ensure that Zamtel continues to run productively and profitably should they decide to keep the parastatal.
Dr. Mutesa observes that for Zamtel to operate as a profitable commercial entity there will be need for the firm to be free from any form of political interference.
President Sata on Tuesday announced the official take over of Zamtel which had been bought by Libya’s LAP Green for $257 million, and appointed Dr. Mupanga Mwanakatwe as Chairman and Acting Chief executive officer for Zamtel.