Tuesday, March 19, 2024

The $10 Billion Energy Scandal: BBC Africa Eye & Panorama

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26 COMMENTS

    • This is why Zambia should support and strengthen institutions like FIC and not ridicule them the release trend reports.

    • Don’t alarm Zambians. Now you are blaming a scandal in Senegal on PF an Ba Edgar?
      Common people stop annoying us.

    • This is just like Zambia but on a smaller scale…just look at the immediate families of some of these ministers brothers, in-laws who have all the sudden stumbled into construction contracts and other huge tenders.
      The sad part about all this is that Senegalese people were sold out for a few coins of bronze by their own greedy shortsighted leaders making this guy and his next generation wealthy reminds me of KCM debacle and the Indian.

    • By the way BBC Panama should be making serious plans to go me to Zambia and investigate the culprits named in FIU report .

      Good with Panama is that they get info authorised by FBI CIA and NCA about international or local money bank transfers in demand or else a bank can be closed if it refuses.

      Coming to Zed they are coming.

      Lungu is so much afraid of BBC. That’s why he has vowed never to be interviewed by it.

    • Wanzelu – No one authorizes those reports especially those agencies you have mentioned …its just good unbiased investigative reporting backed up with video evidence and evidence that is publicly found at Company Registrar offices

  1. Genuine rich people like Patrice Motsepe of South Africa, Alicko Tangote of Nigeria etc are ploughing their wealth in massive job creation ventures like mineral oil exporation and mining. But fellows like HH is busy organising silly campaigns to become President and some are busy booking tables for breakfast in London!

    • You don’t know anything about HH. I like HH as a businessman,
      Ask Zambeef when they started buying beef from HH.

    • And why do you think Zambian opinion is divided over such crooks like Binani and Vedanta?These guys are busy paying leaders of different political parties so that they can exploit our resources without ” interference ” from anyone.

  2. This is why Zambia should support and strengthen institutions like FIC and not ridicule them when they release trend reports.

  3. All Politicians should be treated as corrupt! This is the reason we need STRONG INSTITUTIONS OF GOVERNMENT! The President should not be the one to start changing heads of these institutions each time we change government!
    We should expect the worst theft with the KCM deal because it’s being done in the heart of statehouse that has no interest in following up PEP criminals exposed not only by the FIC report but by members of the public! State House is not being transparent about the so called investors interested in KCM! Zambians should open their eyes!

  4. @2.2 Ndaje and @4 Mwine MushI, you are spot on! I wonder why key political parties have not taken government task to compel it to handle KCM liquidation transparently!? How can the liquidation of a complex business like mining be handled by party cadres without mining ( Geologists,Metalurgist,Engineers etc),tax,labour,economists,representatives of business houses and the usual vocals are all quiet!? Not even the Church is talking?!As for Senegal this shows why we Africans live in abject poverty despite the rich natural resource and how our leaders perpetuate slavery of the African people- this is total greed of the greatest order!!

  5. @Nostradamus

    I m just saying

    Alicko Tangote, Patrice Motsepe and the Timiss mafia are business men. Patrice has mines in South Africa. Alicko is building the largest oil refinery in Nigeria.

    So ask HH why he has not teamed up with CK to buy KCM instead of wasting time in politics where he has a 5% CHANCE to win the presidency?

    • This idea of saying why does he want to be President of the nation when ali nandalama is a recipe for more gruesome and grotesque FIC reports because of aligning political leadership to patapata clad politicians whose only aim after been elected is to taste the caviar lifestyle they never experienced before.

    • 6.1 One chairman of a sports organization was a millionaire by Zambian standards. He staked one his properties for a raffle to raise money for that organization but it turned he made more money out the arrangement while the organization lost money by arranging logistics etc. I’m sure someone will remember this story although I haven’t mentioned this organization.

    • I am just thinking aloud:
      1. How safe will Zambia be with a person who became rich after selling mines and other assets that belonged to the people of Zambia?
      2. How safe will Zambia be with a person who stripped Zambia of a railway line from Ndola to Luanshya for personal gain?

      The fact that these two thieves have not been arrested does not make them saints. Zambia has 18,000,000 who need protection and need decent leadership.

  6. Ba Lusaka times, why did u say Zambia, when it’s Senegal? Hmm , you people, I don’t think you are real Zambians, what has Zambia got to do with a scandal happening in Senegal? Just to alarm the public for partisan disparaging comments and insults. This is stupid of u ba Lt. U are being used to ridicule the PF government just to please an individual with no feelings for the wellbeing of this blessed nation. U are all Satanists and u will only rule in hell.

  7. That’s what happens when you entrust your national wealth in the hands of foreigners. Even when you pass your laws on investment, you don’t even care about protecting your national interests, otherwise the listing procedures would be designed to ensure that refined crooks like that Romanian Mafia don’t stand a chance at all.

    This and many such matters on our continent are too serious. Instead of crying eye water, they make you feel like crying blood!

  8. Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans

    Unbelievable but unfortunately not surprising at all. The African politicians have corruption embedded within their DNA. They don’t join to genuinely serve the people but to loot and enrich themselves from bribes and corruption. To this day I still don’t quite understand why this is the case.

    What is happening in Zambia is probably worse than this scandal, except our entire economy is perhaps less than the entire $10 billion which is scary!

    That opposition MP brother almost dropped dead out of shock… he just couldn’t just believe the numbers right in front of him. Really sickening!

  9. Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans

    Unbelievable but unfortunately not surprising at all. The African politicians have corruption embedded within their DNA. They don’t join to genuinely serve the people but to loot and enrich themselves from bribes and corruption. To this day I still don’t quite understand why this is the case.

    What is happening in Zambia is probably worse than this scandal, except our entire economy is perhaps less than the entire $10 billion which is scary!

    That opposition MP brother almost dropped de@d out of shock… he just couldn’t just believe the numbers right in front of him. Really s!ckening!

  10. Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans Corruption scandals: Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans

    The only difference here is that at least the Senegalese people have the nerves to go out on the streets and protest against this corruption while Zambians would retreat to their bedrooms and pray to their small gods for divine intervention!

  11. The fact still remain the same HH became rich after getting commisions from mines.I can’t trust such a person.The man has support juts because of belonging to some region otherwise we don’t such a leader

  12. This is exactly what will happen to Zambia after awarding Tullow Oil a tender free concession of our oil and gas exploration license. Exact same scenario. That award should be reversed.

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