Friday, April 19, 2024

Enquiry on Privatization will cost us Time and Money, but lets go for it- Chibamba Kanyama

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Chibamba Kanyama
Chibamba Kanyama

Prominent Business consultant Chibamba Kanyama has added his voice to the debate of setting up a Commission of Enquiry on Privatization that took place during  the MMD government under the leadership of the late President FTJ Chiluba and Levy Mwanawasa.

In a post on his social media accounts, Mr Kanyama said that he was one of those that supported the inquiry, but warned that it will cost Zambia time and Money.

“If we believe this will be the best way of dealing with the historical problem on privatization, and we have the time and money, let us go for it!”, he wrote

Below is the full posting

I am one of those who support the Commission of Enquiry on Privatization because we need closure on this issue that has dominated our social media five-six years now; that is provided we have the resources to do so and the enquiry team includes independent (even foreign) forensic auditors capable of tracing transactions. This will be a tedious and intricate exercise that requires clear terms of reference and well defined intent as to what we shall do with the findings in a transparent and professional manner.

I am one journalist who played a central role in communicating The privatization of state enterprises. Some of the people who made decisions and played a critical role in defining the policy and process are no longer alive: among them Mr Frederick Chiluba, second Republican President; Mr. Emmanuel Kasonde (Finance Minister); Mr Ronald Penza (Finance Minister), Mr. James Matale (CEO ZPA). Others involved in policy formulation and execution are alive: Ms Edith Nawakwi (Finance Minister), Dr Katete Kalumba (Finance Minister), Ms Stella Chibanda (PS Finance), Mr. Nonde (PS Finance), Mr Francis Kaunda (ZCCM), Mr Edward Shamutete (ZCCM), Mr Valentine Chitalu (ZPA).

I am also aware other private institutions that facilitated transactions to enable some Zambians buy privatized assets under the pretext of a government financed maize marketing exercise are still in existence (apparently, Government allocated a lot of money to some individuals through a certain private bank to enable individuals buy maize knowing fully well this money would be used to purchase companies. After these companies collapsed within a year of purchase, some fled the country). We have thousands of peasant farmers in Southern, Central and Eastern Provinces whose lives were destroyed as a result and we now need to know what happened.

This is a huge exercise that will have a huge impact on companies and families; in fact, the findings may never be made public because a lot of people, some in decision making, will be implicated. The exercise will also help those in government know that the policy decisions they make today will be subjected to enquiries in future, so, they ought to be highly professional in all that they do.

If we believe this will be the best way of dealing with the historical problem on privatization, and we have the time and money, let us go for it! Time and money because it will require the team to travel across continents talking to witnesses.

46 COMMENTS

  1. And this is the problem. Why did these guys who claim to have known not speak then? With due respect, he might be a nice guy, personally but he is talking rubbish. Just like now, he probably cannot express his opinions about the wrongs going on but will tell us down the line to have another inquiry. Sorry Chibamba, if you are looking for a job to be on the inquiry, that is not a good idea, The country needs to abate future problems that will be a result of what is currently going on and that is what needs dealing with, mate.

    • You can only speak when an opportunity is given…and why are you scared of the skeletons in the cupboard of known privatisation crooks who have hidden the privatisation loot in the paradise papers. If you don’t want to be scrutinised don’t involve your self in public assets and no one will bother you okay???

    • If (HH) was wise, he could have stayed out of politics and his evil deeds would have been known only to himself and his tattooed wife.
      Alas (HH) is an Under 5 toddler, a greedy little kid who still wants more toys to play with. The friends he stole with have been silent for decades. Now he’s about to have them exposed also. We can’t be surprised if they decide to kill him before he squeaks the secrets.

    • Why talk about something before you deal with facts? You are wondering whether we have the money Mr. Kanyama but, unless you have been under a rock, you know that there is no money. That is why the waters are being tested regarding the university meal allowances. That is why we have been trying to borrow from IMF and the Chinese. If you know all that, why even send mixed messages. Ikaleni fye.

    • I am one of those who support the Commission of Enquiry on Privatization because we need closure on this issue…
      I am one of those who support the Commission of Enquiry on Privatization because we need closure on this issue that has dominated…
      I am also aware other private institutions that facilitated transactions to enable some Zambians buy privatized assets under the pretext of a government financed maize marketing…
      The three paragraphs don’t sit well in your argument. Chibamba you might want to re-think what you are saying although you are entitled to you opinion.
      HH or Lungu should not even be factor here, they will soon be in the past. Zambia has a future.

    • As mentioned in the article, the can of worms will open up for Edith and team to explain themselves even though this whole exercise is to try bring down HH who if there to get to him they will have to bring down Grant Thornton. In other words, you are wasting time Lungu. Its best you start with the current issues in your government such as corruption and country’s debt situation.

    • This inquiry is purely political targeted on political opponents by this current failed regime. I’ve no doubt this whole inquiry will not yield the intended results in this case fixing of HH. During the time privatization, HH was between 28-30yrs of age. Honestly how can a dude of that tender age convince the entire government with its learned advisors to sell government properties? if HH has such influence even at that age, then he’s the right person to lead us. The terms and reference of the inquiry should include the purchase of wheel barrows (fire tenders in Zambia) at inflated prices

    • What the Zambian people need at the moment are preventative measures in GRZ, and GRZ owned enterprises from thieving. There are no cost benefits for having such an inquiry (Enquiry) at this late hour that produce nothing to better the lives of most Zambians living below level. In a nutshell, this supposedly enquiry will only target one person.

      I will support future inquiries based on maximisation of earnings from Toll Gates, Mining, and from the Post assets allegedly gone to GRZ to mention but a few.

      God Bless Zambia.

    • PF have been very pressuring the issue in the public space apparently as their only weapon against the some members of the opposition party, Well then lets roll on this route and by the way it won’t be the only
      issue on the plate but will include Fire tenders scandal, Ambulance scandal, Maize gate just to mention a few including the Sata tollgate. Accountability is key to development and democracy.

  2. It’s best way to go Mr Kabamba so we don’t repeat the mistake and greedy in men who want to take advantage of the situation

  3. Yes, I concur with Chibamba Kanyama on this one. Historical transactions are difficult to come out with a proper verdict. This is due to the fact that principals in formulation of the privatization policies are demised. Furthermore, most of the assets have either changed hands and have been disposed of. But we need to start from somewhere so that certain names whose reputation have been dented should be cleared. It is only through a commission of enquiry that images of prominent figures, who have been attacked, can be cleared. This enquiry will also certain a precedent that you cannot mess with national assets and go scot-free. Even if it has been defeated by a lapse of time, records need to be set straight. Others are failing to penetrate the highest office in the land because of the…

    • What we are securing is Zambia’s future… we do not care how much it costs the country, hake we bought fire tracks and over priced contracts currently going on.

      The best that this current corrupt regime can do for us and our children yet to be born is ensure that whoever was involved gets incarcerated.

      A crime is a crime, in the UK, pedophiles have been convicted posthumously… reason for doing this is to deter future crimes.

      So iwe Mr Chiwamba Kanena!!! we are a Zambia, an eagle flying low at the moment. SHUT UP!!! iichiwambaaa

      I withdraw all my respect I had for you as Chibamba Kanyama … you are now a Mr Chiwambaa Kanena! Unrecognisable

  4. The living will blame the dead, what is the inquiry going to achieve? Already some of the living are being excused, just sort out the current mess and move on.

    • What are you afraid of? It’s just an inquiry. If your hands are clean you won’t be in trouble.
      “What is the inquiry going to achieve?” For starters it’s going to put to shame those who think they can enter State House to finish off selling what they started in the 90s.
      Some of them hid the illegal money in Panama. You opened a Pandora’s Box when you published the Kembe Cold storage story at your Zambian Witch Doctor.
      Your (HH) has tainted dirty hands with blood of young miners who were forced into retrenchment and met their early death.

    • Every government of the day has a duty of coming to terms with the past. They can choose to suppress it, but the shadow of the past lingers on.

      It is not even about finding anybody to blame, whether dead or alive. What matters is that past errors are exposed and amendments made where policy management is concerned and the manner in which state assets where handled left something to be desired.

  5. (HH) is screwed. His white collar crimes of the past are about to catch up with him. He has nothing but plastic riches of ill-gotten money at the sacrifice and untold suffering of thousands of young miners.
    He sent them to their early graves. They have risen to haunt him.

    • Have you seen HH mentioned anywhere? You will continue yapping without any evidence. The real crooks are in statehouse and like you know that you can’t survive without government favours.

    • Hh will come out clean, he would not have survived as a major opposition leader against 3 GRZs for nothing…..you will not touch him….keep wan.king air.

    • Spaka, (HH) is too quiet on this matter. He’s dead scared. Knowing his inflated ego, he would have gone on air to welcome the COI since it can exonerate him. But he knows the truth is that it can implicate him. Now this is the last nail in his coffin. Come 2021 all voters will be loathing him for his greed after he’s exposed. Not even UPND rigging will help you in your strongholds.

  6. I totally agree with Kanyama. The COE must be set up regardless of the cost and time, all that we want is to identify the culprits in this privatization process so that this becomes a deterrent to would be culprits. Some Known culprits are still alive and enjoying the looted resources while others have died because of their selfish egos. These same culprits some of them are even eyeing for presidency to come and finish off the remaining resources of this nation. This COE will set a very nice precedent that today’s leaders must act in the best interest of the nation not to benefit themselves illegally. They will have to know that the crimes committed a long time ago can still be exhumed to deliver justice to the victimized people at that time

  7. Again we will start cry after some years that those who were doing the enquiry were corrupt so better we just forget

  8. Reply
    23 flag Chipimo Senior December 19, 2018 at 3:27 pm

    My son has nothing but a borrowed accent to offer. He has never been the same after participating in privatization of national assets. Infact the only thing my son and HH share in common is privatization.

    6

    1

  9. Just this statement from Chibamba, having been a Journalist who played a central role in communicating the privatization of the enterprises… lays the core fact bear that the undertaking was sabotage designed to maliciously plunder the national assets for individual and groups of individuals benefits. Sadly, CoE will not bring back the enormous amount of valuable assets we lost to plunder. Yet from the above we can without doubt tell who our enemies are in our midst.

  10. Kudos ,

    ula beja muchembele….HH has been a major opposition leader against 3 GRZs for nothing….

    Already lungu has been found to have sold cold storage board of Zambia to foringners who stripped all the equipment and shipped it out of the country devastating whole communities who relied on the company….

    If lungus accounts are examined at the time of the sale of cold storage, you will find lungu had unexplained tens of thousands of dollars. Bribes from the buyers of cold storage.

    He drank all the money and did not invest wisely like his friends…

    • Spaka,

      I see badala you agree on 2 things:

      1. “HH has been a major opposition leader against 3 GRZs for nothing….” He’s going nowhere. I agree.

      2. (Lungu) He drank all the money and did not invest wisely like his friends… “If lungus accounts are examined at the time of the sale of cold storage, you will find lungu had unexplained tens of thousands of dollars. Bribes from the buyers of cold storage.” If Lungu got bribed with 10s of thousands, it’s nothing compared to $7 million which Kainde got bribed and shipped to Panama.

    • and you call the Paradise papers an investment mujembele. Of what benefit is that investment to Zambians, if it’s not circulating within our economy? (HH) is a selfish thief. Shameless tax evader.

    • Kudos,

      A theif is a theif, weather millions or tens of thousands like in lungus case…after all he is a fraud convict….

      You will not touch HH….this man is a pain in your backsides even if you have all state machinery and Chinese money behind you, you are failing to silence and kill him off…..now with an economy in dunnuna reverse and nkongole due soon , you have taxes Zambians out and now you are desperate for cover to divert the masses…..let’s have the investigation. But you find HH did nothing illigal….

    • Kudos,

      A theif is a theif, weather millions or tens of thousands like in lungus case…after all he is a fraud convict….

      You will not touch HH….this man is a pain in your backsides even if you have all state machinery and Chinese money behind you, you are failing to silence and kill him off…..now with an economy in dunnuna reverse and nkongole due soon , you have taxes Zambians out and now you are desperate for cover to divert the masses…..let’s have the investigation. But you find HH did nothing illigal….

  11. It is of no use.Chiluba, who was President by then was the overall boss of the whole process. Others most likely were just receiving instructions from him. You know how Chiluba preferred foreign products over local ones

  12. Anyone needs to ask why UPND members are this scared of the inquiry if truly HH Is clean. Let HH own up tjat soon he will go the Mmembe way. Chaps that think they are so clever all the time always fall

  13. Chibamba is trying to shield HH and implicate others like Nawakwi and Katele the WORDING in His Writing is very clear Zambians are watching very closely!!

  14. We cannot over look the evil committed by selfish people in zambia who would want to take zambians as their tools to committing crimes.
    We should smoke them out and bring them to the obedience of the law all they have should be given back to the state , this will serve as an example to anyone one stealing today in government. This is to the interest of the zambian people who continue to be marginalised by greedy crooks in politics, overlooking this evil is a crime against all zambians at large let us nip this crime and free Zambia from the sickness of corruption.
    If we fail to clean this mess corruption will not fade away from Zambia , we know how much thieves are being celebrated , and they think stealing is part of zambian society if thieves remain as top politicians to emulate;…

  15. When they surmon him he will keep saying.

    Did you participate in privatisation

    Answer: no comment

    What was your role

    Answer: No comment

    Do you know privatization

    Answer: No comment

    He won’t simply cooperate

  16. This won’t go anywhere and it is a worst of time and resources. What is important to note is that the person who used to give orders is already dead, so where does that lead us to? Of course nowhere! As for me, the issues that we need to have an inquiry on are: fire tenders, Sata toll gate scandal, ambulances, maize scandal, purchase of a jet, airport construction by AVIC and roads
    These issues need to be sorted out urgently!

    • What we are securing is Zambia’s future… we do not care how much it costs the country, hake we bought fire tracks and over priced contracts currently going on.

      The best that this current corrupt regime can do for us and our children yet to be born is ensure that whoever was involved gets incarcerated.

      A crime is a crime, in the UK, pedophiles have been convicted posthumously… reason for doing this is to deter future crimes.

    • Because successive governments did not deal with the privatisation issue… what we have had is a repeat, look at the decisions being made in the current government…

      What we need is revisit privatisation and revisit these contracts in the current government…

      the next government will thin k twice to do such dodgy deals again because they would have started queuing up to Chimbokaila

  17. You are not qualified to give the Zambian people an objective opinion.

    Why am I saying so?
    You were a spectator and people had to make executive decisions when you were behind cameras. We had the best the best privatisation process ever in Africa.

    From your znbc you can site another country but we had the white monopoly against the economic revolution of Africa at play.

    I was privileged to have been born on the copper belt and later on participated in the final audit our ZCCM before the final signature.

    Our now renowned economist lets as Eng and Africa’s best mining executive Edward Shamutate what challenges they had. Real case and practical.

  18. We might as well start talking about the issue of Barotseland Agreement. What is really the bone of contention all these years? I mean, KK is still there, we can enquire what took place really.

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