Opposition leader Hakainde Hichilema has laughed off criticisms after he was named in the Paradise Papers as one of the 120 politicians across the worlds that have used tax havens for tax dodging purposes.

The Paradise Papers, numbering 13.4-million leaked documents from Appleby’s offices in Mauritius, have revealed how the rich evaded millions of dollars in tax and kept questionable business decisions under wraps.

But Hichilema said the issue of the Panama Papers is a pure nosiness issue and that it has nothing to do with tax dodging.

He said the Panama Papers have shown how Zambians can be entrepreneurial by going on the international market to raise funds which can be invested back home and create wealth and job opportunities for Zambians.

Mr Hichilema was speaking on Tuesday morning when he featured on a live Let the People Talk programme on Radio Phoenix.

He said, “This is a pure pure business issue. This is not a serious matter, we have more serious matters here. I was reading through that document myself and I invite you to read through that document yourself. It is very clear in saying there is nothing illegal about that. It is on the website, read it and read it in full and it lists many people, the Queen of England, the Prime Minister of Canada, two, three former Canadian Prime Ministers, Tillerson himself, the current US Secretary of State. People decide to invest here and there legally, not illegally. There is no tax dodging Read the document again.”

Mr Hichilema said he is happy that the Panama Papers have clearly outlined that there is nothing illegal about offshore investments.

“I am actually very pleased with that document because it outlines that there is no illegality, they are just revealing information which may be held and that information is not a secret Axmin is a Canadian company which bought the company from the stock Exchange in London. London stock Exchange has various windows if I may use that terminology,” Mr Hichilema said.

He added, “One of the windows is what you may call the main window, the other window is what small businesses go to list their called Alternative Investments Market, it’s called AiMs, its part of the London Stock Exchange. How can information on the London Stock Exchange be a secret?”

Mr Hichilema stated, “Open any website, you will find it. The fact that it is printed now and its called Paradise Papers by a group of independent Journalists doesn’t mean its new information. It on the London Stock Exchange AiMs.”

Mr Hichilema described the expose in the Panama Papers as a small issue.

“It’s a small issue, it’s a non-issue, there is no tax evasion. And if you check, I was a Director for only four months from March to August 2006. So there is no illegality there,” he said.

Mr Hichilema added, “And this is what we do, we try to raise money outside the country and this is what I want us to do when we form government, raise money on the stock exchange where the cost of that money is lower, the cost of money is cheaper on that market and bring that money here and invest it on a ranch, so that we can produce beef and help improve the nutritional value of citizens. So that we can invest some of that money through our credibility internationally be able to help citizens get a job from an investment made here but money sourced outside which is cheaper.”

He said, “That is what we will do when we start running the country, raise cheaper money and bring it and invest in Zambia and create jobs so that your brothers and cousins can be employed. This is what we do out there instead of raising money from fire tenders and invest it in a Casino, you are encouraging people to gamble and drink more beer, instead of producing, you are encouraging people to consume. That is the different between Hakainde and those in government today.”

“I am pleased with those papers because they are showing how Zambia we can be entrepreneurial by going on the market using our credibility and bringing the money home so that we can help somebody who is able to do something rather than sitting at home, fantastic, that is part of our vision for Zambia,” Mr Hichilema said.

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172 COMMENTS

  1. You stole big time big man. Even when you registered as president you did not declare this money. I was your supporter but now…..

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    • So why didn’t you disclosed your involvement when you were kissing up to ypor imperialist cronies at the BBC? HH is a fake orgas.m

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    • The NGO I work for now (3rd job) send me to bank to wire $12,000 every Friday at 11:30 am to Mauritius, on pre-printed paper. Just because am one of 5 signatory and my name is strange.
      The account name is strange, full of numbers. NGO is one of those great ones.
      Illegal = NO.
      Join us @ Ndobo.

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    • Africans and jealousy!! Just because they cant think further than street-vending they want to persecute someone with initiative. Just make your own money and invest it wisely instead of always player-hating. This just confirms that HH is really wealthy.

      Just go get those guys who are stealing the tax payers’ money in those over-priced Fire Trucks.

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    • And you all think that the money that people in PF government are stealing is here in Zambia? I am sure there is no bank holding the fire tender money, it is gone, it is offshore.

      HH has never been in government and did not sell the mines, MMD government sold the mines. The man makes money from beef, 1 kg of beef cost 3 times more than 1 kg of copper and about 50% of beef we eat in Zambia comes from HH, even ZAMBEEF buys cows from HH….. And you wonder why he is rich?

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    • I listened to most of the interview. HH was quick to justify his investments and the talk of ‘cheap’ money available outside Zambia. I have maintained a bank account in the UK for some time now but encounter hurdles in accessing the so called cheap finance and usually residency is the issue.

      I wanted HH to clearly say how he was going to make our local money in Zambia just as cheap to borrow …

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    • Seriously guys just STOP a second!!
      Come to New York City, Wall St. Give me $5000, @ 9am before bell. I will give it to Ted Leggy, he will trade for you and give you account number with credit card with $7500 on it at 19:30pm.
      Stay a month…. You will join HH is investing back home.
      I am not interested in making money guys, not interested.

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    • HH… please dont Bulls**t us.

      We have been to school as well

      The reason why Investigative Reporters tend to go for these Tax Havens is because it has been proven that 82% of money put into these accounts is money not Documented or Accounted. Mostly its money laundered vial deleted channels.

      It’s no difference to Swiss bank Account where all Dictators like late Mobuto SeSeKo, from The Congo, General Abacha who stole $5 Billion when he went into power using Military Coup in Nigeria would put their stolen money. Why becuase Swiss Bank was very reluctant to thieves and dictators. The Bank never questioned the source of funds

      Cont…

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    • Rules of Engagement have changed now on Western Global Banks including in Swiss Bank

      HH – If you really want to prove your innocence – Please produce an Accounting Audit Trial how this money ended up in the this Paradise and which investment companies this money came from.

      You know very well that your money was channelled in the Paradise Tax Havens via 4 countries using 4 Unproductive Dead Companies to avoid Tracing.

      Why and Why ??

      Chiluba was afraid to report you because he ( Chiluba ) was afraid to be implicated. And if he Chiluba reported you -that was going to the end of him and MMD.

      Chiluba wanted someone who can audit the mines at the “backdrop” of doing back hand deals. This is why they personally hand picked you. Driven to State House at 23 hrs on a Sunday…

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    • Late Mazoka warned you – That young don’t do this. Let Zambia sell the mines to a better investor. You defied him because of the deal you did with Chiluba.

      This the more reason why the mines were sold below Market Value to Crooks like who have not even bothered to improve Social Amenities of the Copperbelt

      Now let’s talk about Grant Thornton. What happened to the XCAP Assets. You know the whole story.

      Why have you been afraid to campaign with your shoulders high in the copper-belt. It’s because guilt eats you all the time. We have an opposition party that is afraid to campaign in the highest populated urban area.

      Why?

      People are angry with in the copperbelt. Stop this crap…. You got away because it would be a very complex case in court.

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    • cont..

      Every time they put you on TV to answer this issue – you meander and don’t come with straight answers.

      Yet you can give the statement – thinking you can f00l all Zambians. You have paid a lot of people on this issue to top them from coming forward. Among them people who worked with you at Grant Thornton both in Zambia and UK.

      Do us a favor and just keep Zzzzzzzzzzz !!

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    • Cont…

      MMD Cabinet Ministers were forced to vote for a crooked mining investor – because you and Chiluba knew that it was the only way you would get your cut.

      You got paid your money into foreign accounts. And Chiluba went on the rampage of buying those suits of his and semi-high-heeled shoes made by a private fashion designer in Belgium

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    • He said, “That is what we will do when we start running the country, raise cheaper money and bring it and invest in Zambia and create jobs so that your brothers and cousins can be employed. This is what we do out there instead of raising money from fire tenders and invest it in a Casino, you are encouraging people to gamble and drink more beer, instead of producing, you are encouraging people to consume. That is the different between Hakainde and those in government today.”

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    • @INDEPENDENT OBSERVER,
      LOL – People like you clearly find it very INCONVENIENT that King Cobra Sata heavily investigated HH to try and find and vindictively link him to any wrongdoing w.r.t. privatisation of ZCCM/companies in Zambia, but due a blank.

      “Nothing in all the World is more dangerous than sincere ignorance and conscientious stup!d!ty “ – Martin Luther King Jr.

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    • Yes it was a sliding tackle there by Samir that paid dividends to the Egyptians….and they’re coming again through their captain El Kass…we are beaten in the air…Harrison Chongo tries to intercept it but no….. its too late and the ball rolls out into touch for a throw….throw-in to Zambia….Harrison Chongo raises up his hand indicating he will take a long throw…..he throws the ball to Hilary Makasa….Hilary Makasa to Vincent Mutale….from one under 20 player to the other…and Vincent Mutale does he know what to do with the ball….no it rolls out into touch for a throw to the Egyptians…

      2021 vote PF (Edgar)

      I thank you

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    • Where you going to reveal that nonsense you are saying if those papers did not leak your dealings? You HH think Zambians are gullible. You were asked in UK that you are busy concentrating on your own Presidential issues and you failed to answer. If these links did not occur, the country would have never known that you had such investments outside the country. Do not take us for a ride. In any case how can you be a Director of a company for only four months, invest without paying Tax and then leave the company? That smells fraud and crooked! How much did you make in four months?

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    • @Nostradamus
      Am coming to join you brother, you are right,, this is business deals not stealing from fire trucks and ambulances

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    • FIRST THERE WAS CHILUBA AND THEN hh.
      NOW THE DENIALS.
      HOW DID YOU GET AL THAT MONEY?
      YOU HAVE DISQUALIFIED YOUR SELFFROM THE REPUBLICAN PRESIDENCY.
      SATA WAS RIGHT.
      COMMISSION OF INQUIRY IS REQUIRED.

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    • Hichilema should tell us how he raised money outside Zambia. Where did he get the start up capital to raise money outside Zambia? This stinks to me. I thought I was going to support this man for a change. But I am beginning to think of another opposition politician to support after I decided to dump Lungu and the PF.

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    • And this thief wants to rule Zambia, my foot! We will never allow a person with such questionable character to rule us. So its not only stealing through privatisation but also tax evasion. Yabaa Kalusa wawa

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    • IN THE FIRST PLACE, THERE’S ALMOST NOTHING HH HAS DECLARED TO THE ZAMBIAN AUTHORITIES ABOUT THE ORIGIN OF HIS WEALTH. AS IF THAT IS NOT ENOUGH HE HAS NEVER DECLARED ALL HIS WEALTH AND TODAY WE ARE LEARNING THAT HH EVEN EXTERNALISED HIS MONEY TO GO AND DEVELOP ANOTHER COUNTRY OTHER THAN THE COUNTRY HE WISHES TO RULES HIMSELF- WHAT PARTRIOTISM!!! BELOW IS THE MEANING AND USES OF OFFSHORE ACCOUNTS/BUSINESSES:
      “The term “offshore” is used to describe foreign banks, corporations, investments and deposits. A company may legitimately move offshore for the purpose of tax avoidance or to enjoy relaxed regulations. Offshore financial institutions can also be used for illicit purposes such as money laundering and tax evasion.”

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    • [email protected] CONSIDERING THE LAST SENTENCE IN THE QUOTE ONE WOULD CONCLUDE THAT ALL THE MONIES HH HAS MADE IN ZAMBIA HAS BEEN MADE USING, “crooks law”- (UNZA language plagarism and other dubious ways of obtaining a pass or high marks gradings). AND ONE WOULD CONCLUDE THAT HH HAS NO PARTRIOTISM TO ZAMBIA. WHAT HE HAS IS ABSOLUTE SELF INTEREST AND ONE WHO EASILY ASSISTS WESTERN IMPERIALISM AND THEREFORE A SELLOUT OF HIS OWN COUNTRY. ZAMBIANS OUGHT TO BE VERY CAREFULL WITH HH BEFORE IT IS TOO LATE.

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    • Now if this thief can be stealing while outside government, what more if he were to be president?? Zambians don’t allow this hard core criminal near state house. Let him rot in opposition.

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    • HH, the Armageddon man and Jonathan the chaos man are both in the past now, Zambia should be looking for a new breed of leaders capable of steering the country to higher heights, The era of these warring duo has come to an end, Bye bye HH and Bye bye Jonathan. Jonathan has bee pre-occupied with 2021 which he dpes not even deserve. Kambwili is another of those disillusioned band members who thinks his music is cool, It soul=nd goo to his ear but not to the audience. CK shut it!

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  2. And I quote. “That is what we will do when we start running the country, raise cheaper money and bring it and invest in Zambia and create jobs so that your brothers and cousins can be employed. This is what we do out there instead of raising money from fire tenders and invest it in a Casino, you are encouraging people to gamble and drink more beer, instead of producing, you are encouraging people to consume. That is the different between Hakainde and those in government today.”

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  3. The issue here is were did you get the money which you invested? Your investment was done just after the sale of our Zambian companies. So how do we trust you with our national cake? As you have just said your aim is to invest all our national treasure, who is going to control you? If you can do what you did with privatization then as for me I don’t trust you.

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    • My friend, go and read books. The secret is in the books. The white man has hidden the secret to investing in books. Stealing and building houses is not smart investment I can tell you. Houses have high capital are little returns …

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  4. The point is the returns in form of interest and capital gains through sales of shares and stocks are never declared to ZRA. Consequently to all intents and purposes this is tax evasion. Z R A can confirm if HH ever declared foreign income from the sources named in the paradise papers. That’s how simple the matter is.

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    • I like this analysis. Chanda please wake up and get what Zambia needs: CASH. HH has confirmed that he invested and brought money back home. How much did he declare and did he pay Tax. Please chase him around you have information unsolicited.

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    • Who did he steal from …. hes actaully created thosand of jobs in zambia, HH doesnt need zambia, zambia needs HH.

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  5. Ignorance will wreck havoc in Zambia! Zambians do not understand how the world of investments work! How will poverty end? There is a big difference between Tax Planning and Tax Evasion!

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  6. PF is buying an ambulance at $288, 000.00 and yet Toyota Zambia are selling them at $75,000. Where is the church who can speak for us. It is now clear why president Edgar Lungu closed down The Post newspapers for fear of being exposed in his corrupt deals. At the time The Post was closed, the mines and other companies were owing ZRA billions of kwachas and yet there were not closed down. The Catholic church and Bishops stand up for us as the other Bishops from Pentecostal are dinning with the ruling PF. Time is will tell.

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    • Do you know the difference between an Ambulance and a double cab? Some of the issues you raise. Please check with MoH and find out the specifications for an Ambulance then make informed criticism. Fire Tenders yes, the price was way over

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  7. Where was the source of that fund invested in those tax heavens? If it is clean, that is okay but if it correlates with some event here like privatization then there is a problem.

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  8. Please make me understand, why should something which is normal be “leaked”? The Germany and British Investigative journalists spend the good part of 2017 investigating this story after someone leaked the information to them. Tillerson, Glencore and Lewis Hamilton are being taken to task on the leaked Paradise Papers. These sources of money are the same ones which Ilovo and standard charted bank used defraud the GRZ of U$3m. MR. SAMMY HICHILIMEA, YOU ARE SIMPLY TRYING TO PUT SOME ICING ON A TOXIC CAKE YOU WANT TO FEED TO THE ZAMBIANS.

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    • The information “leaked” because it was previously withheld from the public. Everyone knew that there was a system of tax avoidance at work but nobody knew exactly who the big fishes in the game are. Until now.

      Fact is that a lot of people, if given the chance to manage a lot of wealth, would do the same.

      Again: tax avoidance is not illegal, tax evasion is what is illegal.

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    • @ Panda

      Instead of crapping in public, learn about off-shore investments. For your info, 90% of pension contributions in the West are invested off-shore. That is one of the reasons why in UK you get your pension within two weeks from retiring and in Zambia you will be dead after five years without pension.

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  9. @ Sinkala Deny – I agree with you: My brother no Church Minister (Rev.) will speak for you, they are also looking for money. Bible ni pa Sunday fye chapwa. We are coming to the end of all things. How ever as a Christian, let me tell all Zambians that unless you repent you shall never see he Kingdom of God. Unless you leave corruption you will never see the Kingdom of God. No one will carry any thing to the grave. So ba Sinkala balekeni fikashala pa chalo naba shafichulile bakalafilya. Job 1:21 Ecclesiastes 5.15 says I came naked so I shall go naked.

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    • So the kingdom of heaven is in the grave?
      No wonder you people find it hard to convince others about the value of what you talk about. It doesn’t make sense.

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  10. Sammy don’t think everyone is a fool why didn’t you invest your money before privatization, if you claim to be doing genuine business, you stole the money and cleaning it abroad,

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  11. Why is he not doing it now, he has to wait until he comes in to government, HH is fake guys opens your eyes??

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  12. But why avoid paying tax which will help poor people have medicine and fertilizer ? This is a moral issue Mr HH. In light of this, Zambians cant trust you sir ..!!!!

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  13. That is what we will do when we start running the country, raise cheaper money and bring it and invest in Zambia – is this not same as money laundering?

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    • Ba Pimbilimano -w hat “borrow money from cheaper sources”? Which “cheaper sources” are those? You think we are all fools to be made fools of?

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    • First you make 5tupid comments and then ask for economists (wrong profession)?
      Ask instead for tax consultants or if you can afford, “tax expert witness” !!!

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  14. What is wrong with this paradise paper? These investments are still there today, go and raise money not relying on ambulance tenders.

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  15. There MAY BE nothing criminal about this BUT THERE IS A QUESTION OF INTEGRITY and MORALITY!!QUESTIONS ABOUND as to the VERY SOURCE OF THIS MONEY,MANNER OF TRANSFERS TO TOOK PLACE FOR THIS MONEY TO FIND ITSELF OUTSIDE, DECLARATIONS OF INTEREST AND PAYMENTS OF DUE TAXES ON SOME OF THESE TRANSACTIONS?? IFF there were skillful politicians in the ruling party, THIS COULD HAVE BEEN RALLYING POINT TO DE-CAMPAIGN YOU, Mr.HH

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    • You can buy a used car from a local dealerships or you can buy one from EBay. Better still you can buy an ambulance from Toyota Zambia or you can buy one from Japan. It all depends on what kind of information you are working with.

      Start from here: money is a commodity.

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    • @19.1 Pimbilimano, Yes MONEY can BE WAHATEVER, we may wish to call it so, IT CAN BE STOLEN,EXCHANGED, MODIFIED and LAUNDERED!! A commodity can be stolen, modified, laundered and exchanged at a premium! WHAT IS IMPORTANT IS WHERE and HOW ONE GETS THAT COMMODITY and HOW WELL THEY RESPECT THEIR INTEGRITY IN THE PROCESS OF TRANSACTING!! I can steal maize and sell and make money immediately or mill it to make money and avoid to pay my workers and taxes. The question will still stay about the source of the maize that brought money and if in the process I did not cheat anyone, individuals, government and if truly I was open and clean about the dealings !! THAT IS WHAT IS CARDINAL FOR US TO BUILD A CLEAN ZAMBIA!!

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    • @ bwafyaa

      Great. If you want to start “crusade” on moral or ethical grounds, why not start with fire tenders? There are at least 42 pieces of evidence

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    • @20.3 KBF , ETHICS and MORALITY are everyone’s and everyday’s preoccupation for us to restore decency in leadership and respect for our country!! I DISAGREE WITH UNDER DEALINGS regardless of who is PERPETRATING THEM, so you CANNOT STOP PEOPLE TO QUESTION HH JUST BCOZ ANOTHER PERSON HAS CARRIED OUT A SHADY DEAL!! WE DON’T WANT TO REPLACE CORRUPT LEADERSHIP WITH A WORSE AND MORE SOPHISTICATED ONE!!

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  16. Bo HH are you speaking on behalf of everyone who has been implicated in this expose? Are you not too quick to dismiss this brooding scandal. “Small insignificant matter of inconsequential implications bordering hearsay and old women kitchen gossip tales that no should sweat about.” Says our entrepreneur maestro HH. I guess for our ineptitude we should be en-massing at the flick of a finger $14million + returns from our should savvy business acumen which abundantly resides in HH.

    Mmmmmh, 2006 was that turn around year I should have quickly learnt vital investment skills than busy selling my shriveled and tough skinned cattle herds.

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  17. HH’s crookedness is exposed openly now for all Zambians to see.DOES HH SURELY THINK WE CAN BELIEVE HIS LIES?WHY IS THAT HIDEN DATA LEAKED?if HH was honest about his dealings abroad,he could have told us than wait for LEAKED DATA about him then start defending himself.THOSE MEDIA EXPERTS SPEND A LOT OF TIME AND MONEY GATHERING THIS KIND OF EVIL NEWS TO HELP GOVNTS STOP LOSING REVENUE IN UNPAID TAXES!!!i encourage Zambians to follow this issue on BBC,CNN,Sky News,etc because many politicians who are crooked have been exposed here.MORE EMBARRASSMENTS ARE COMING FOR HH!!
    but i followed the LET THE PEOPLE TALK ON RADIO TODAY.HH was told off by many callers who appreciated the good works being done by PF Govnt!!!WHEN LATE SATA WAS ON SUCH PROGRAMMES,ALL CALLERS WERE PRO SATA!!!surely cant HH…

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    • Imwe, HH has never held public office.
      At what point did he owe an explanation for how to access relatively cheaper sources of cash than what is found in the local money markets?

      In the meantime you have a president who a year ago had no penny to his name but is rated among the rich in Zambia. Are you not barking up a wrong tree?

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    • Do you what you are talking about? I do not see any crookedness here. Why should HH tell you about his wealth? What are you for him to disclose his money? You forget that Sata had revealed HH’s savings sometime back. this typical of small minds.

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  18. Sammy is a big time white collared kawalala. Those of you who were old enough can remember FTJ. Big time conman. Those guys started it all. Sammy is deadly with finances. He is wicked because of his connections to the outside world. This guy will steal BIG time and not like the small boys of the likes of Kanpyongo who are just looking for an expensive ride.

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  19. those that register in Bermuda like HH DO SO TO AVAOID PAY TAX, AMD CLEAN DIRTY MONEY LIKE THE MONEY HH GOT FROM THE MINES. HH GRABBED GOVERNMENT HOUSE AND PROPERTY I9LLEGALLY AS LIQUIDATOR OF THE MINES. HE PAID HIMSELF ALOT OF MONEY DUBIOUSLY. THERE IS NO CHEAP MONEY ON THE LONDON EXCHANGE,

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    • And you “demand” to know from where that money come from?
      Easy answer:
      Constitution of Zambia
      Part III – Protection of the Fundamental Rights and Freedoms of the Individual
      Art. 11(d) protection for the privacy of his home and property…….

      DID YOU GOT IT BONE HEAD?

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  20. NJIMBU YOU ARE ON THE SPOT, THIS GUY IS A SOPHISICATED THIEF. THE QUEEN DID NOT ORDER HER FUNDS TO INVESTED IN THE TAX HAVEN. IT IS CROOKED PEOPLE LIKE CROOKED HH, WHO PUT IT THERE WITHOUT HER PERMISSION

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  21. HH is there telling ZAMBIANS that there’s nothing serious, HE declined to ANSWER CORRECTLY when HE was called by the investigative JOURNALISTS from GERMANY and BRITAIN ? If it was a SIMPLE ISSUE, why it was HIDDEN and now it’s CALLED a ‘LEAKING DATA ‘ ? The investigative journalists across the WORLD says that they are yet CARRYING SOME MORE information on TAX DODGING? The paradise paper numbering 13.4 million leaked documents from Applby’s offices in Mauritius, have revealed how the rich evades millions of dollars in tax and keep QUESTIONABLE BUSINESS decisions under wraps. UPND supporters can’t see any WRONG. WE WILL SEE YOU IN 2O21!!!

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    • Mr. Pillock

      Do you know that There is Bilateral Agreement on Double Taxation between Mauritius and Zambia?
      By the way, Varun Beveragees (Zambia) Limited main shareholder is registered in Mauritius!!! How much tax Pepsi has paid in last 8 years?

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  22. With a straight throat he stilled the bulge and while smiling dismissed the expose with with utter contempt:

    “On behalf of all my fellow successful business men who are victims implicated by these good for nothing so called investigative journalists I, HH, want to assure you that we will scale through unscathed and turn out more resolved than ever to outshine these baseless and trivial allegations premised entirely on jealousy and laziness.”

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  23. Well done HH, we rush into criticizing without reading properly. They say if you want to hide something from black man write it in a book period. HH emphasized read. Shame on you all.

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    • …I guess that’s why he loses all the time. He puts everything in a book so that the masses in Matero, Chiwempala, Chadiza, Bangweulu etc who can’t read don’t understand him…kwekwekwekwekwekwekwe….you elitists who understand him don’t even vote and you are badly outnumbered….kwekwekwekwekwe…..

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    • @ Zambian 1mbecile

      That is the reason why HH employs thousands and is wealthy and you are majority which cannot afford to buy packet of new condoms

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  24. HH did not steal that money but worked for it in an honest manner. So there’s nothing illegal.

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  25. ” AiMS are an every day thing. Check LSE and you will see that such WINDOWS are the norm eeh eeh. Nothing the bother.” What animal is AiMS Mr. HH? EHEHEHE

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  26. Sammy the plunderer: You want to lead the nation one day and you see nothing wrong with tax dodging??? You want to lead the nation one day but you can’t pay pensioners??? You fence off your farm and block villagers from accessing water sources??? Sammy, you are as cold hearted as they come, you are not a man of the people. The arrogance as if you are addressing a group of children who don’t understand these things is why Zambians have rejected you five times and will reject you again in 2021.

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  27. This guy HH is truly a genius. How many of you ‘educated ones’ know how to raise money from international money markets? I believe this guy can make our country a paradise NOT those who take away even the little we try to make here at home. We need to move away from having simple minds ruling us & leading us nowhere. Abash Kantemba mentality leadership.

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  28. Imagine how ballistic these HH cohorts would go if it was Edgar mentioned. They were going to invent new terminologies to describe the “theft “. But when Alpha Omega is involved they use a soft word “avoidance “. But then where’s the patriotism if one aspiring to be president can “avoid ” paying taxes?

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    • …you can imagine how damaging to his image it will be when the two biggest selling dailies publish the headlines tomorrow. These newspapers sell heavily in the 6.5 provinces and it will be the topic of discussion at the city markets, pubs, restaurants from tomorrow. “Sammy the plunderer, that’s where he hid the privatisation money??” will be the topics in the compounds…..

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  29. LOL – I am sure some people find it very INCONVENIENT that King Cobra Sata heavily investigated HH to try and find and vindictively link him to any wrongdoing w.r.t. privatisation of ZCCM/companies in Zambia, but due a blank.

    “Nothing in all the World is more dangerous than sincere ignorance and conscientious stup!d!ty “ – Martin Luther King Jr.

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  30. TA TAT A TAAA Slow down Mr. HH visible but dried out and too rough to swallow. How many of our folks made it out through super stocks yielding potency in 4 months having mabisi as initial investment?

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  31. Don’t support anyhow a wrong is a wrong whether one is in PF or UPND, sure can someone ask Sammy the source of money he used to invest. this is a good matter for money laundering investigations.

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    • YOU PEOPLE ARE SO IGNORANT ! HE WAS A DIRECTOR OF AN INTERNATIONAL COMPANY WHO’S MAIN OFFICE WAS OFFSHORE…..WHAT THE HELL IS WRONG WITH THAT ?????????????? THAT’S THE PROBLEM WITH ZAMBIA TO MANY IGNORANT PEOPLE ! I BLAME THIS SOLELY ON THE GOVERNMENTS FOR NOT INVESTING IN EDUCATION IN THE PAST AND PRESENT. DOES NOT MATTER HOW MANY SCHOOLS YOU BUILD IF THE SCHOOLS ARE NOT EQUIPPED WITH BOOKS AND OTHER LEARNING MATERIALS THEN IT IS AS GOOD AS A HOUSE WITHOUT A ROOF !!!!!!!!!!!!!!!!!!!

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  32. Well this is bad for UPND, no matter how cadres try to cheer him on..he joins the dirty list of African leaders who externalise money even before becoming president.. and he won an African freedom award???

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  33. It is not too much as how in 2006 HH enmassed enough capital to invest in those super stocks/shares. HH just dont expect us to believe that he raised it from selling mabisi.

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  34. ANOTHER BLUE LIE ,HH uttered on LET THE PEOPLE TALK that ECL sold NRDC to CHINESE COMPANIES,HH stop gathering wrong info from watchdog/ upnd.TELL people the truth if really you want to be voted in power by ZAMBIANS at large ( of course not Tongas) . Ministry of Agriculture permanent secretary WITH AVIC LIMITED REPRESENTATIVE by the name of ‘ CUI JI’ signed a memorandum of understanding to construct a NEW NATIONAL RESOURCE DEVELOPMENT COLLEGE in chief shakumbila s village in Mumbwa district and MAINTAINS the great east ROAD one.THIS ISSUE was done in MAY 30 , 2017 at MULUNGUSHI HOUSE, Stop TELLING LIES Mr hh.

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    • Sammy the plunderer, chimbwi no plan, now resorting to talking rubbish and telling falsehoods on radio to excite your supporters??? Your ka plan against ECL is falling apart after Stephen sackur tore you to shreds and getting “old man and the medal” fake awards from the imperialists??? What a shame, sammy…..

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    • ANOTHER CHINESE CONSTRUCTION ! THE COUNTRY IS BEING SOLD TO THE CHINESE BY THIS GOVERNMENT AND YOU ARE APPLAUDING IT ! DISGRACEFUL !

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  35. Credit to him for going outside and make some quick bucks. But although this may be legal, it is morally wrong to avoid paying tax at home… especially for someone who preaches fighting for the little poor guy. But this is not unique with HH, the rich and powerful have always tried to avoid paying tax. Even the big multilateral companies like Google, Facebook, etc find loopholes to avoid paying local tax. The rich in America don’t declare their wealth as income and hide it in assets, all to avoid paying tax. To be rich and that wealth you need to be a little stingy and have a tight a$s. They don’t think like us the poor who think about spending money the moment you have it; rather they think if I invest this $1, in 200 years time, it will be $1 million and my kids and kids will inherit…

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    • continue reading…
      rather they think if I invest this $1, in 200 years time, it will be $1 million and my kids and kids will inherit that wealth.

      Again legal but very morally wrong… and his answer is ridiculous.

      The difference though is Lungu and his minions are literally stealing from the poor… they came to power poor with nothing but now they are millionaires.

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  36. He has laughed it off yeah! Did he declare all his assets when he made his presidential declaration. CROOKED MEN seeking the reigns of power for personal gain no hope for you in 2021…

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  37. Dear HH,
    When you want to lead people you can’t base your behaviour on whether something is legal or illegal. Look at your presidential petition……. it can be argued that it was thrown out legally. Does that make it morally right? Do you think everyone in this world is foolish to condemn you and your rich friends over the idea of putting money in tax havens? You can call it tax planning or whatever but the fact remains that you have kept it away from the right tax jurisdiction. This is the same jurisdiction you seek to rule over. Was that money declared when you filed in papers for the presidential election? Then those thieves of of $42million for 42 can declare legality but the bottom line is that immorality and greediness are your primary motivators for all of you….

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  38. HH is a genius we need him for Zambia to develop not these who are making money out of fire tender deals the problem with zambians they don’t want to read and understand but believe what mumbi phiri says even without proof or evidence

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  39. When did channels used by money launders, dictators and tax evaders become alternative sources of cheap finance for “morally upright leaders like HH?

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  40. Some of us just wish EL could also come out and explain his newly acquired wealth to the tune 23m from a meagre 2m in just a year!

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    • The new explanation is that ” I had access to cheap finance and invested very well”. HH has provided it already. Greedy politicians is what they all are…..No wonder they bitterly fight each other.

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  41. u5 finds nothing wrong with with wrong things.

    burning markets
    appointing gbm
    tribalism
    ethnic cleansing
    stealing
    privatisation
    tax evasion
    turnishing zambias image abroad

    u5 will rule zambia never because he goes to polls,with 3 provinces.

    his,strength is TRIBE

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    • Tiyeni uk naimwe, with your hair splitting facts; the matter is that the paradise papers were leaked.

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    • @ Cosmos

      and among files there are papers/correspondence originating from the tax haven of Mauritius.
      Mauritius has bilateral agreement with Zambia to avoid double taxation.

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  42. A thief will always remain a thief, unless saved by higher powers. Stealing poor people’s money is a sin.

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  43. What type of people honestly and genuinely support this chap with pomposity and with an ego to feed? I mean of all those that have been mentioned in the off-shore accounts, its only this loud mouthed chap who has opened his mouth, sorry HH you aren’t our kind and no matter how you disillusion yourself, your will NEVER BE IN CHARGE OF STATE HOUSE! This must register in your small brain. We will not simply allow you.
    Silence is gold in most instances and thats why President Lungu will continue walloping you election after election.

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  44. So, UPND supporting HH who avoids paying tax which could help alleviate the cost of living for the poor. PF supporting guys in government who steal the tax paid to supposedly help to improve the lives of the poor. Both UPND and PF seeing a wrong in the other. It’s a case of the kettle calling a pot black.

    2021 Vote for my man Chipimo!

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  45. Hehehehe! This man really thinks all Zambians are d.ull and gullible like him and can easily buy his story – far from it.
    Whats the deal? The deal is he stole cash from Zambians took it abroad i the name of investing and change it into foreign value then bring it back and say we invest outside and bring money home. Where is the investment he is talking about. First class money laundering.
    What a disaster of a being.
    Pathetic!

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  46. Thanks HH for legally avoiding taxation …it is always being wasted by idle public officials often camped at KKIA “to escort the president”

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  47. When it comes to leadership the bar is higher.
    Just because its legal does NOT mean its its good.In fact, it could even be immoral.
    As leaders our actions should not only be legal but also morally right.
    In South Africa ,prostitution,abortions ,gay and lesbianism are legal.
    That doesn’t mean they are “small” issues.
    HH should not trivialize his unethical behavior as regards business practices.

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  48. i can’t trust this man with the country, you are exposed wait and see what will happen next…we are watch step by step.

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  49. Jealous Chabbe.HH has never been in government.He is just a smart guy.Just use your brains properly yourself.Talk about these pitfools who have bought fake fire trucks and have stolen.So why winging when you know what he did is not illegal!

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  50. Us Zambians with our poor view of issues. The man has been at the realm of consultancy firms. What do you expect? No doubt he did jobs for rich people. Instead of idling as we are doing now he learnt their skill. God said go and multiply. Not just for children bearing but even wealthy. He is the one who causes a person to be wealth. If only we stop wasting time on talking about others and try to steal their secrets. We must stop living on hand outs and work hard. Gossip is big issue in zambia. Every morning we rush for newspapers to read about others and spend less time to develop ourselves. We pray longer hours for handouts yet the actual faithful pray for wisdom and knowledge of how to multiply what The Maker entrusted them with. Let’s be productive. Unfortunately there are few…

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  51. The one thing we should all know is that tax havens exist and businessmen use them. But when you are a leader, that becomes a problem – you will be busy making sure that all citizens pay taxes when you are busy avoiding paying taxes? HH is now aspiring to be president but he has been caught avoiding paying taxes to the country he wants to lead – not mentioning the source of the funds. Here comes the question of morality. This is one issue that became a problem for Mitt Romney during his presidential run in the USA. Nobody was interested in the way he was running his finances until he wanted to become their president.

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  52. Mr under5, that is tge difference between governments and individual enterpreneurs, Zambeef are doing a sterling job at creating wealth and employment and putting more food at the disposal of Zambians, which is what you shoukd ne doing too not making unprosuctive noisrs in politics and courts of law until 2021 comes. So under5, the difference is not between Zambeef and government or indeed “I, under5 and government”, but between enterpreneurship and government. Poor under5 and his reasoning!!

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  53. Confirmed… most Zambians are happy to perpetuate the status quo while pursuing a career in witch hunting or witchcraft.

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  54. By this time in 2021, under5 will be a six time loser. Bwana under5, politics and enterpreneurship are two different things as you can see from Dangote and Zambeef here at home, or Microsoft, Apple, Virgin group etc abroad. Yoy don’t have to be in politics in order to contribute to the wellbeing of those people you have referred to as “your brothers and cousins” instead of “our brothers and cousins”. The poor language of under5 confirms him as political misfit and perpertual loser.

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  55. What can you expect from HH if by mistake he becomes president it will be free for all nothing will really work concerning accountability.
    At least that what some of us see in him just wait and see!

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    • How accountable are you? When you avoid to pay the 10% tax to zra for the property you are renting out.

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  56. Its no of a shook to some of us ,what do you expect of hh only blind forded dance to his tunes ,This man is no difference with ananias in the bible thats why because gbm also has been told about this rubbish dealing knowing him like dollars (money)he can talk rubbish day night just to be in power,One thing were hh got the money which he has never decleared on five election he has contested and loose ,when ever i hear to radios especially on the copperbelt people talk nonsense about pf i feel so bad it seems zambians at time we are ignorant and its as who has made this rich fools like hh,gbm to be seen to be claver ,napela how never ever be hh fun

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  57. Tax evasion is a serious problem. The sad part is that Zambians in the majority do not know that this is daylight robbery. Everyone else is freaking out in the developed world, while in Zambia they don’t even know that Taxes held with a nation develop it.

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  58. He is not in government for you guys to get concerned. Changwa Menomeno and his friends are stealing big time, evidence is there for all of us to see. Ati God fearing president kwisa?

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  59. HH just bring back our stolen privatization monies then we shall vote for u.No monies no votes!!!!!!!!!!

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  60. Recently Hon. Mutati instituted an enquiry where Satunia Pension has been siphoning money to UK, without paying pensioners and with no proper documentations. Who is the owner of Satunia? Is it HH or HSH?

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  61. *. Prince Charles campaigned to alter climate-change agreementswithout disclosing his private estate had an offshore financial interest in what he was promoting *.Apple has protected its low-tax regime by using the Channel Island of Jersey *.Formula 1 champion Lewis Hamilton avoided tax on his £16.5m luxury jet, the papers suggest *.The Queen’s private estate invested about £10m offshoreincluding a small amount in the company behind BrightHouse, a chain accused of irresponsible lending *.One of President Donald Trump’s top administration officials kept a financial stake in a firm whose major partners include a Russian companypart-owned by President Vladimir Putin’s son-in-law *.An entrepreneur charged with managing the oil wealth of the struggling African state of Angola was…

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  62. Sammy, Chitalu, Shasonga and Kaunda you will be received by lucifer for what you did during privatization. you may look honest but down your hearts you know it better.

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  63. Zambians have been reduced to street vending thinking. They have PhDs but can’t make a tooth brush. Smart ones like HH invest on international markets in legal safe havens. Street vending thinking does not question those who are stealing from Zambians and becoming rich overnight.

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  64. You’d almost swear KBF is HH himself..lol. You have fought tooth and nail on this thread. This is a difficult one to justify especially to a common guy on the straight.

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  65. He sold Copper in the marketing deals for the Luanshya copper mine in liquidation They hide copper and sales contractors on already delivered contracts like the post Trucks that where hidden in South African We only liquidated assets in Zambian and never took hold of copper outside He then stuffed the money in the paradise Where can he sell so much in inferred or non inferred resources on the Zambezi resources He clearly does not see that investing money offshore simply promotes economies of either Mauritius or those tax havens You invest off shore to avoid paying tax then we borrow to invest at premium What a shame stripping and reaping Zambia out of profits and you say nothing wrong Its a fraud…

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  66. Its not wrong if the proceeds of the investments are legitimate but we know that often African elite businesspeople has stolen and milked and made wealth from their nations and stored it outside the continent in tax havens often going abroad for education, medicals and holidays Its wrong not fair for the rest reflects badly on an individual offshoring. In most cases the money is stolen and can not be explained how it was made and such is this

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    • @Luanshya Gunner circle or Ghana circle. Whatever.
      LOL – People like you are either steeped in ignorance, or find it very INCONVENIENT that King Cobra Sata heavily investigated HH to try and find and vindictively link him to any wrongdoing w.r.t. privatisation of ZCCM/companies in Zambia, but due a blank. Late President Sata found ZERO wrong doing.

      “Nothing in all the World is more dangerous than sincere ignorance and conscientious stup!d!ty “ – Martin Luther King Jr.

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