UPND leader Hakainde Hichilema has labelled those that continue to accuse him of having personally benefited from the privatisation exercise as big fools.
Mr Hichilema stated that he played no part in the privatisation of the mines which took place during the MMD administration.
He said the privatisation story is part of the propaganda that his political enemies have continued to peddle describing it as a broken record.
Mr Hichilema said records are there to show that he did not privatise any mine in Zambia including Luanshya Copper Mines.
The UPND leader was speaking when he featured on Tuesday’s edition of Radio Phoenix’s Let the People Talk.
He was responding to a question from Bowman Lusambo who called into the station to challenge Mr Hichilema over his role in the privatisation exercise.
“One must be a fool to believe that I privatised Zambian mines, infact one must be a very big fool to buy that story. I didn’t have anything to do in the sale of the mines. I was not in government. It was in fact Lusambo’s MMD that sold the mines, I had nothing to do with that,” Mr Hichilema reacted.
He explained that he was only engaged to help Binani Group of Companies to find a strategy of liquidating the debt it had with ZANACO.
“Everybody knows the story of Binani. They approached us, long before they had bought the Mines in Luanshya, they were having problems paying off a huge debt they had with ZANACO, remember ZANACO was a wholly owned Zambian bank and we acted as advisers in offsetting that debt by evaluating their asset portfolio,” Mr Hichilema said.
“If a client consults a lawyer and the lawyer acts on that advice from the lawyer, regardless of the outcome, are you going to blame the lawyer? You must be a very big fool to do that. What we offered was professional advice because that is what we were trained to do.”
Mr Hichilema advised Zambians such as Mr Lusambo to go back to school and read.
“This is the problem we are having in this country with people like Lusambo. He doesn’t understand because he cannot read and understand but we sympathise with him because he is hungry and he needs to feed his stomach. Lusambo is just a moron,” he said.