Liquidation Online Auction
Saturday, April 27, 2024
Liquidation Online Auction

HH Should Explain how his Wealth Accumulation Coincided with the Privatisation Time- SeanTembo

Share

 

The opposition Patriots for Economic Progress (PEP) has challenged opposition UPND Leader Hakainde Hichilema to explain how his wealth accumulation coincided with the privatisation time where he was entrusted to value and sale some government-owned companies.

PEP President Sean Tembo said that the challenge posed to Mr. Hichilema by FDD President Edith Nawakwi who was Minister of Finance during the privatisation process deserves legitimate answers and not counter-accusations on Social media.

Mr Tembo said that the allegations have not just been made by an ordinary Zambian but by a person who was Minister of Finance at the time of privatization process, and who therefore has first-hand knowledge of the events that took place, adding that the allegations are very serious and deserve a proper detailed explanation by the UPND President.

In a statement to the Media, Mr. Tembo said Ms. Nawakwi’s testimony can be admitted as evidence in any court of law because it is a first-hand account and not hearsay. He said his party believes that anyone who aspires for Zambia’s Presidency must be ready and willing to be subjected to vigorous scrutiny by Citizens.

Mr. Tembo said this is because when an individual ascends to the Presidency their actions and decisions will impact their party members, supporters or those that voted for them.

He appealed to Zambians to ensure that they embrace individuals who are not only willing to be held accountable but also transparent if the country is going to make progress.

Below is the full Statement

  1. As Patriots for Economic Progress (PeP), we have noted with interest the ongoing debate that has been raging for the past few days regarding allegations of improper conduct leveled against the main opposition UPND President Mr Hakainde Hichilema, which is said to have taken place during this country’s privatization process in the late 1990s. These allegations have been leveled by the then Minister of Finance, Honorable Edith Nawakwi who is currently the Party President for the opposition FDD.
  2. Our view on this matter is that the said allegations are very serious and deserve a proper detailed explanation by the UPND President. It is not enough for Mr Hichilema to seek to allay these allegations by posting a few Facebook and Twitter memes. It must be noted that these allegations have not been leveled by just any ordinary Zambia. To the contrary, they have been leveled by a person who was Minister of Finance at the time of Zambia’s privatization process, and who therefore has first-hand knowledge of the events that took place during Zambia’s privatization process. As a matter of fact, Honorable Edith Nawakwi’s testimony can be admitted as evidence in any court of law because it is a first-hand account and not hearsay. It is therefore up to Mr Hichilema to substantively rebut Hon. Edith Nawakwi’s allegations in the same detailed manner that she presented her public testimony against him, and not through Facebook and Twitter memes.
  3. As Patriots for Economic Progress, it is our long held position that anyone who aspires to run the affairs of this Republic as President, must be ready and willing to be subjected to vigorous scrutiny by the people of Zambia. It must be emphasized that any Zambian, including another aspiring Republican President, has a right to scrutinize any aspiring candidate. That is because when an individual ascends to the Presidency of this Republic, their actions and decisions will not only impact their party members, supporters or those that voted for them. To the contrary, the actions and decisions of a Republican President impacts, whether positively or negatively, on every citizen of this Republic. That is the reason why every citizen must have an unfettered right to scrutinize any aspiring candidate to the Presidency of this Republic.
  4. As Patriots for Economic Progress, we have noted that in her testimony last week, Hon. Edith Nawakwi posed a challenge on Mr Hakainde Hichilema to explain how he became rich and why the accumulation of his wealth exactly coincided with the period that he was entrusted with the responsibility to value and sale some government-owned companies, as part of Zambia’s privatization process? Our view is that these are legitimate questions which deserve legitimate answers and not counter-accusations or Facebook and Twitter memes.
  5. As Patriots for Economic Progress, it is our considered view that if Mr Hichilema has already previously answered these questions regarding the source of his wealth, then he must forgive the Zambian people for having a short memory, but he must answer again. As an aspiring Republican President, one cannot get tired of answering questions simply because they answered a similar question last year or the previous year.
  6. As Patriots for Economic Progress, we are cognizant of the fact that one of the main challenges that the Zambian people have had in the recent past is to hold their leaders accountable. It is worth noting that accountability can only take place where there is transparency. For example, up until now, President Lungu has refused to explain how his net-worth exponentially grew from about K1 million in 2015 during the presidential election declaration of assets, to about K21 million in 2016 during a similar declaration of assets for the presidential election. It is such resistance to transparency that births lack of accountability and by consequence, corruption.
  7. As Patriots for Economic Progress, it is our strong view that when we change from one President to the other, it needs to be an opportunity to make progress in the governance of the nation and not stagnate or regress. In this regard, Mr Hakainde Hichilema’s resistance to explain the source of his wealth, which coincidentally exponentially grew during the period of Zambia’s privatization, is not very different from President Lungu’s resistance to explain how his net-worth exponentially grew from about K1 million to about K21 million within a year.
  8. Our appeal to fellow citizens of this Republic is that if we are going to make progress as a nation, we need to ensure that we embrace individuals who are not only willing to be held accountable but are also willing to be transparent so as to facility their being held accountable. Indeed, obscurity has no place for those holding or aspiring to hold public office.

Thank You and May God Bless the Good Citizens of the Republic of Zambia and Our Ailing Nation.

88 COMMENTS

  1. Hh I think this is now wasting all our times. Can you answer to the zambian people and provide evidence of how you got your wealth so that we move on to other pressing issues. I just don’t understand how some one who claims to be innocent can let this issue drag on for so long. If you do not deal with it, I will soon be recommending to the cabinet that a national inquiry into privatisation is commissioned so that we forcefully get the truth from you and your fellow friends accused of looting. It is very sad that the upnd leaders sings every day about how corrupt we are as a party and yet he cannot himself answer to serious allegations of theft. Kutumpa uku

    12
    24
    • Explain what? There are a lot business coaches/mentors sean and Edith can hire at a fee if they need mentorship on business.

      6
      5
  2. HH is a smart investor continue yapping. Who can offer his wealthy strategies on silver platter?

    You spent your youthfulness on beer and girls some spent it building on what is called life time wealth.

    Continue walloping in abject poverty.

    PF must go!

    22
    10
  3. Its election time again in Zambia. The same old stories resurface again.
    Hakainde Hichilema first declared his wealth in the 2006 presidential elections as candidate for the UDA(UPND, FDD, UNIP) .Edith Nawakwi who was then the President of FDD had no issues.
    But 14 years later , HH is the main opposition leader in Zambia and wealth is bigger issue now than in 2006 . The presidential hopes of the likes of Nawakwi, Sean Tembo have largely diminished by their own accord. The best they can do now is bring down HH as they drown in the sea of political failures.

    22
    11
  4. Madilu there is nothing smart about ill gotten wealth. People like you are giving the youth wrong impressions and ambitions that they can make billions when the chances of such is very slim unless you use crooked economics like hh. Stop praising things even you don’t have answers to. You act as if hh told you how he made that money. That is money which would have ensured immigrants like you a better life and not being forced to seek economic asylum in your colonisers land

    8
    24
    • Kaizer Zulu, you spend lots of time blogging and insulting others.

      Tell me where you saw HH’s signature on those privatized assets. Otherwise you’re one of those horny dogs chasing wind as usual.

      I’ve read many books and articles of those privatized assets. People who were involved some are dead and still alive.

      I’ve never come across HH’s signatures.

      You are hitting a cliff again.

      PF must go!

      22
      12
  5. A person or company are paid for every work done.It will depend on how that money is invested after payment.You can get rich or remain poor.
    Was it a 2 pipo affair or there was a technical committee to advise? Why go ahead to sell if you feel the value is lower than expected?.

    4
    6
  6. Meanwhile that fat pig masquerading as a health minister got acquitted and no one says a thing…a young doctor and countless others have lost their lives on his watch…
    PF OUT!

    18
    6
  7. Since Nawakwi was the finance minister by that time. Hence,she has the first hand knowledge on the events of privatisation,then she is evidence enough to be used by the courts. Nawakwi has is just perplexed. Leave HH alone.

    16
    5
  8. KZ is HH the only one who undertook privatization in Zambia its a dead story after you have mismanaged the economy u think we are fools read the first speech that Chikwanda gave in parliament when he was presenting the first budget nothing will change our minds about HH

    7
    3
  9. Mr Sean Tembo he who alleges must prove 28 years down the line where was Nawakwi because HH is winning the next elections you want to sound more concerned its a dead issue.

    18
    8
  10. Mr Sean Tembo he who alleges must prove 28 years down the line where was Nawakwi because HH is winning the next elections you want to sound more concerned its a dead issue. HH is game

    12
    5
  11. Nawakwi…Tembo…and this KZ here on Lsk Times are all just a bunch of cowards and loses trying to push the privatization narrative, which is now sterile, to discredit HH going into 2021 elections. You’re all pathetic! It’s as if there was no government at the time and HH made all the decisions! You can’t match with HH’s superiour intellect…decency…and business acumen! So, typical of mental retards, you’re just doing what we expect you to do, and that’s shamelessly attacking HH while you conveniently turn a blind eye to the REAL corruption happening at all levels!

    17
    9
  12. Firstly when HH allegedly committed a road traffic offence in Mongu you charged him with treason and kept him in Mukobeko. He sales your mines and pockets your money you are just looking at him. Which offence is treasonable between a RTSA offence and burglary into national treasury? Edith you were MoF chief. Why didnt you raise these issues. We know that you are protecting Legana butchery that is seen expanding. Dont ask HH. Simply report him of you are serious with him answering. Kaizar you are a simple lab technician tell us about your wealth. Like someone said privatization took place when i was in my lower primary sku grades and its now 3 decades you continue waffling and panting like common mongrel(common local dogs). This is history.

    18
    5
  13. KZ, Nawakwi, Tembo, Skulhead, and other PF…id..i..iots who are wasting time and space on LT.
    Can Nawakwi also call upon IMF who she claims mislead them during their decision making and give evidence? She is trying to hide her incompetence, as a minister who was signing off. If she knew somthing was wrong, why did she sign the sales? And why didnt she speak out then? You talking about about a house, and NOT talking about the actual sale of Mines, which was under valued. Why dont you ask Francis Kaunda? Ask GLENCORE.
    Now Tembo wants to make headlines…….Buzh….iiiiiT……..to be relevant, because this is trending, right?
    Read Ambassodor Mwamba narration of Process, and you will understand, how the likes of ZPA and Nawakwi`s role were.
    Commission of Inquiry will not bring…

    10
    4
  14. Accused: Hakainde Hichilema
    Charges :taking advantage of government position to benefit oneself
    Prosecution Witnesses:
    1st Edith Nawakwi
    2nd Emmanuel Mwamba
    3rd Mutinta Hakainde
    4 Fred Mmembe

    4
    1
  15. This is wasting time!! There are more time wasters in Zambia. Tembo has also joined the club of time wasters!! 30 years down the line, these time wasters want to pretend that they are still sleepy and dont know where to report the alleged crimes HH did as a consultant during the privatization era?. If your Nawakwi had any substantive incriminating evidence on HH, why take this to a radio station to announce this? Then if you Tembo trust what Nawakwi has alleged about HH, why do you rush to comment on this social media. The reason Nawakwi goes to radio or TV stations and you Tembo to this media is to de-campaign HH for the 2021 elections. Stop wasting our time. We know you are PF surrogates.

    7
    3
  16. Surely ba Tembo behaving like uneducated fool. Emulate maturity of Andy Banda. That is why he will always beat you in elections

    7
    1
  17. This issue was raised by hakahinde himself when answering a certain who wanted to know how he got his wealth. In response to the question hakahinde said he did not sell the mines. Ask Ms Nakwi and Francis Kaunda they can tell you if sold the mines Ms Nawakwi was the then Finance minister she is still alive why don’t you ask her.
    The response from Ms Nawakwi disturbed hakahinde who started sending twitter and face book messages accusing her and denying all what Ms Nawakwi said. What madam Nawakwi said raised many interests and prompted people to ask more questions. Some videos both local and international have been shown explaining so many irregularities in the privatization process and how hakahinde got some of the companies and hotels during the time. The best hakahinde must do is to…

    2
    3
  18. And once HH explains, automatically the kwacha will go back to K6 to a dollar? And inflation will go to K6? Why are you in the habit of wasting time. It is not HH to explain, it is investigative wings that we pay salaries using our tax every month to do their job if they suspect there is something wrong. Just as somebody is saying HH’s wealth coincides with Privatization, Why is HH wealth’s queries always coinciding with impending elections. I think it is just fear of the man.

    8
    2
  19. No issue here. Start pretending to sort out the economic mess you have put us in please. Accusing HH does not compensate your clear incompetence to manage national affairs. 50% of revenues paying debt, 40% emoluments, What Lubbish is that surely?

    10
    2
  20. Mr Sean Tembo is jealous of HH’s entrepreneurship. If Edith Nawakwi’s Statements are admissible in Court why doesn’t she sue him in Court? HH has advised Edith Nawakwi to report him to the Police. What is she waiting for? HH has offered a House as a Reward to anybody who successfully gets him convicted in Court for committing a Crime during the Privatization Process. Privatization of Mines was implemented by the MMD Govt 30 years ago and Edith Nawakwi was the Minister of Finance. So Edith bring it on. HH has challenged Edith to go to the Police Station now and without further delay!

    7
    2
  21. Let Edga Chagwa Lungu tell us today where he has gotten what he has today 22billion within a space of less than 3 years.
    HH is a man we all are looking to even if you say what you want will never chnge the snario. Its go go foward. Chamikola mukakwa bonse bakabolala ba PF.

    4
    2
  22. Zambians, you’re not starving because HH is rich! You’re on the margins of the economy because, like Kalyaya said before he was fired, the economy is shrinking. The PF is the most incompetent and corrupt government in our history. Please don’t listen to this kaponya government. Register and vote in huge numbers next year!

    9
    1
  23. There are more time wasters in Zambia. Tembo has also joined the club of time wasters!! 30 years down the line, these time wasters want to pretend that they are still sleepy and dont know where to report the alleged crimes HH did as a consultant during the privatization era?. If your Nawakwi had any substantive incriminating evidence on HH, why take this to a radio station to announce this? Then if you Tembo trust what Nawakwi has alleged about HH, why do you rush to comment on this social media. The reason Nawakwi goes to radio or TV stations and you Tembo to this media is to de-campaign HH for the 2021 elections. Stop wasting our time. We know you are PF surrogates.

    7
    3
  24. People who benefitted from the privatisation process in Zambia are:
    1. All the directors and general managers of the former parastatal industries.
    2. All politically connected persons in the Chiluba MMD regime.
    3. All the tenants in Parastatal, council and government houses who bought them for a few tens of dollars.
    4. People who negotiated such as Valentine Chitalu, Hakainde Hichilema, etc
    5. Lawyers who were involved in the agreements, include=ing one, Edgar Chagwa Lungu
    6. All the Zambian people.
    Now, some squandered their estates in loose living. Others made sensible investments.

  25. Mr Sean Tembo, what a $tupid question to ask! Don’t you know that government engages Consultants at a high cost? When PF engages Lizards of France at over $5Million to help restructure loans, how much more with the complex task of Privatization of all those UNIP companies? Tembo also does not understand the role of consultants. Consultants don’t sell anything. The customer is the one who does the sale. Consultants will only give guidance and recommendations. What we should be talking about is issues of Today. Who is stealing our Gold right now as our attention is being diverted to issues Nawakwindi was signing off? She was responsible for all approvals as Minister. No wonder she was fired for incompetence by FTJ. Is she not the lumpen who called FTJ a thief after being fired? She is…

    6
    1
  26. Failure to account for property suspected to be proceeds of crime is a befitting charge. Why don’t you direct your statement at ACC?

    3
    1
  27. Especially those who bought houses for K10, those were proceeds of crime!
    Nawakwindi is equally not blameless.
    If she signed off and approved with her signature what was not correct, then it is her to explain as former Finance Minister!

  28. Yes, HH made his money during the privatisaion process but not illicitly. How many times will he explain his role as an evaluator and acting in his professional capacity as an advisor to the government? He earned professional fees which lucrative and within the law. What is wrong with that? He benefited from the privatisation process but not illegally. Anyone who insists that he earned is wealth illegally should start legal proceedings. Otherwise let this go once and for all.
    As for Nawakwi and now Sean Tembo raising this issue at this point in time, what is there objective? Do they really want to undermine HH at this point to the benefit of ECL and PF? Surely this is a clear indication that they do not have Zambia’s best interest at heart but only selfish motive of seeing HH fail as…

    5
    2
  29. Mr.hh just answer the questions madam Nawakwi posed ichifukushi teku sova,When did you open off shore accounts,You can as well explain using a line graph How you progressed after unza in 1982,83

    1
    7
  30. Let HH explain. Why is he being quiet, when the question is straight forward? He is welcome to ask Nawakwi questions as well? Ba UPND, why would you put some one as President when he is unable to explain? Give him an ultimatum? It will all be to the benefit of UPND either way. But keeping quiet chases the independents away.

    2
    8
  31. Why does this issue come up every election year …looks like someone is scared to death of their opponent. Whilst your ‘investigations ‘ are still going, please do the likewise n find those *****s who gassed n killed 50 innocent Zambians. Thanks

    7
    1
  32. Sakala – The proof is there: HH accumulated a lot of monies when he was taking part in the privatization of state assets that he is failing to explain. And for those of HH’s supporters who are saying that it is election time again and these stories keep coming – may be that explains why he has been losing elections, and so the stories are back again (and he will not give satisfactory answers, and be surprised when he loses).

    2
    7
  33. Konikoti and Chani, have you just seen the debates on this issue now? Please read and if you are not satisfied with the explanation from HH even before Nawakwi’s radio rantings, then seek answers from who ever sponsors you. HH should not waste time responding to time wasters. Take your complaints to appropriate institutions mandated to deal with the allegations Nawakwi has made against HH, then HH will still provide the same responses he has already made before. You want HH to waste his resources and time suing people who pretend to be sleeping on duty while being paid from taxpayers money??? There are more serious issues we want HH and UPND to deal with to address the declining governance, social and economic malaise Zambia currently experiences under PF regime.

    1
    1
  34. The good thing is that the KARMA for hh stealing privatisation money is the loss of elections. The f00l will never win any presidential election until he owns up to what he did. Kz

    1
    5
  35. Sean Tembo has a criminal past record. He defrauded the government of Botswana of P100,000 pula ( At that time equivalent to ZMW 112,000) for work he did not do. He ran away from trial and surprising today that he throwing stones when his house is made of glass. You are too unclean Bwana Tembo to get involved in this issue. Just go pay back Botswana money you stole!

  36. HH should not respond to rumours. Such matters are settled in court!
    If I were HH, this is the time to sue PF and Nawakwi to settle this issue in court for future records!

  37. No wonder a country full of leadership aspirants pregnant with jealousy and envy can not forge ahead! Why they keep hiding behind “the Zambian people are asking and want to know” baffles me and only make them appear cowards! What is it that they themselves and probably their friends and zealots want to know? The story keeps resurfacing come election time and they wake up from their slumber of four years to start on issues that departed FTJ (MHSRIP) would have been the most well versed person to address! We all are born with equal potential to develop talents taking different approaches and the clean hard working ones prosper and should be applauded but those whose approaches take a different path not commensurate with societal norms should not be celebrated or allowed to hinder…

  38. Why should HH answer all those stu.pid questions? Sean Tembo must be an imbecile? Asking why HH’s wealth coincided with privatisation. How did he know that it coincided with privatisation. You tribalists have big problems of your own. Go and kill yourselves. You have messed the economy and now you are on you way out and start bringing up all these accusations. Go to hell and your f.ucking PF to leave office

    1
    2
  39. We are tired of listening to this privatisation story which happened 30years ago . Can you please fix the economy .
    Seeing as you have failed to fix the economy we are voting in a new management team come 2021 so that you can continue talking about privatisation as an opposition party.
    You useless bankums

  40. We are tired of listening to this privatisation story which happened 30years ago . Can you please fix the economy .
    Seeing as you have failed to fix the economy we are voting in a new management team come 2021 so that you can continue talking about privatisation as an opposition party.
    You useless bankums

  41. Privatization Thief . Maybe he is a clever thief and cannot be legally pinned. But on a moral level he is bankrupt

  42. Zambians are very forgiving. Why can’t HH just provide documentary evidence of how he acquired his wealth? What’s wrong with that?

  43. Zambians are very forgiving. Why can’t HH just provide documentary evidence of how he acquired his wealth? What’s wrong with that?

  44. I Sean Tembo normal? Are his faculties functioning properly?
    Sean is known as a thief that ran away from Justice in Botswana ??. He is the real criminal not HH. The man is full of jealous. Wailasha kapoli….

  45. I Sean Tembo normal? Are his faculties functioning properly?
    Sean is known as a thief that ran away from Justice in Botswana ??. He is the real criminal not HH. The man is full of jealous. Wailasha kapoli….

  46. I Sean Tembo normal? Are his faculties functioning properly?
    Sean is known as a thief that ran away from Justice in Botswana ??. He is the real criminal not HH. The man is full of jealous. Wailasha kapoli….

    1
    1
  47. I Sean Tembo normal? Are his faculties functioning properly?
    Sean is known as a thief that ran away from Justice in Botswana ??. He is the real criminal not HH. The man is full of jealous. Wailasha kapoli….

  48. Ever since he got beat by PF cadres this man is never the same. He has really lost it, now he thinks with this scrap Lungu is going to give him some crambs from his table. Man wake up you cannot be attacking your fellow opposition member. MMD sold the mines and almost 300 companies and we do not know where they took that money. Chiluba bought himself clothes and shoes with that privatization money.

  49. Nawakwi is targeting the wrong enemy here. Where was the whole lot of Cabinet when HH was enriching himself from privatization? Mwaleshipula?The real enemy to Zambia is PF. MMD under Mwanawasa successfully managed to steer the economy to great heights. RB started destroying the economy, Sata made it worse and only to be brought to its knees under the current PF regime. Shame shame shame!

  50. We say cho-chise. This is a waste of time. Let’s move on pela… oh! When are we sorting out the 48 houses’ ghosts?

  51. I just read the write up on privatization by Francis Kaunda. It was not an easy task. Government of the day lacked competent staff of its own, so they used a number of consultants/experts. What is abundantly clear is that the government had the final word. The Attorney General (George Chilupe and later Bonaventure Mutale) ensured everything was legit. It even reveals attempted interference of one Minister who was trying to push for a certain company called Carlington -held meetings at a named Lusaka Lodge. FTJ was not impressed. He fired the Minister. I just can’t imagine they’d let a small guy like HH scotfree if he was guilty of some wrongdoing.

    1
    1
  52. PASSIONATE REVENGE.
    Madam Nawakwi has been crushing on HH for so many years dating back to their school days. She was in the same class with the UPND President Hakainde Hichilema at the University of Zambia doing the same course (BBA) up to Birmingham university in the UK for their masters (MBA).
    We took time to analyze exactly what sin HH committed to madam Nawakwi our reports shows interesting results.
    “Ninkani yapa mutima”
    “I love HH with all my heart I will be the happiest person on earth if he ever married me” Edith Nawakwi in 1987 told a friend a record made available to CIC investigations.

  53. Let HH Explain, but whatever he will say may not be listen to because this debate seems to be propaganda to deter him from winning next year’s elections. My advise to fellow countrymen is not to listen too much to politicians because they like cheating the citizens.

  54. Dimba – Whatever the case may be, the issue is HH suddenly became very rich during this process of which he was a part – and he is aspiring to be President. If he were not aspiring for Plot One, may be these questions were not going to be coming up. Unfortunately, his answers are unsatisfactory. For Sean, ba Chilyata, that is a separate issue. If you have issues about his conduct in Botswana, you can bring that up separately (like he has done here). Now, the issue is on HH and his sudden wealth accumulation during the privatization process of which he was a part.

  55. @adviser , JUMPING from ONE FORUM TO ANOTHER , as a PAID 1600 CADRE will not change the PF fortunes. You are targeting a wrong audience here on LT. Go tell YOUTHS about JOBS and you will bounce back. Otherwise SORRY , Things do not LOOK GOOD at all…….NOT GOOD-ALL… As that LOW LIFE KZ how he got RICH from his salary as a LAB TECH..

  56. If HH made money out of government incompetence then you are chasing the wrong person. The only thing I would disagree with HH, is the trust he shows with people who are stealing our resources using some complex systems which only they understand. He shows total ignorance on the systems used by these foreign powers to disadvantaged countries like Zambia to deprive them from their own wealth. In fact we can say he joined them. Unless he can prove his wealth prior to privatization, Zambians will also see him as one of them rather than one of us.

  57. Tika2000 – Who is foolish between me and you: me who is jumping from site to site trying to make your thick heads understand something or you who is accusing me of jumping from site to site as you jump from site to site following me?

  58. Africans will never ceases to amaze me. Let us assume that HH stole money from the process. Is it not better that the funds are retained by a fellow Zambian than it going to a foreigners who might have profited from the process? How many of the team members responsible to auction the asserts are rich today? Nobody does such business and do not profit from it directly or indirectly. The purchased items was made directly to the government funds I believe. And in an auction the government would have given the task team a minimum value that would have been acceptable to government. This is not in defense of HH but I am flabbergasted when an African makes economically and the same fellow black man will fight tooth and nail to bring him or her down. Why in Africa we lack the fore sight…

  59. Is Kaizer Zulu a comedian or he is just overwhelmed by jealousy and envy. Commonly refered to as the thoughts or feelings of insecurity, fear, and concern over a relative lack of possessions or safety.
    You should have also studied economics bambo, what stopped you – too much pombe wakutala?

  60. Is Kaizer Zulu a comedian or he is just overwhelmed by jealousy and envy. Commonly refered to as the thoughts or feelings of insecurity, fear, and concern over a relative lack of possessions or safety.
    You should have also studied economics bambo, what stopped you – too much pombe wakutala?

    1
    1
  61. @Ngoma Yamaano.HH has a duty to explain How he acquired those riches.why is it so difficult for him to explain ! Remember,he finished form v in 1978/79 in 1980/81 he goes to unza 1983/84 he graduates 1986/87 he gets a sholarship for further studies,he comes back in 1990/91 and he gets a Job and works for atleast 3yrs before he bumped into privatisation in 1995/96 the time he came into public domain in 2000 he was already a millionaire WITH million dollars in offshore accounts.Something for sure is not adding up ,he is a proper mambala.Cant waste My vote on a crook,This is the reason why he cant explain his wealth and he cant sue Nawakwi in fear of opening a pandoraz box.

  62. We have a lot of disgruntled and hungry angry politicians in Zambia,all they know talking a lot of BS no vision no direction especially these so called the wise men from the endlands

  63. God please take this bunch of politicians away from the face of Zambians so that they can rest with others that have gone ahead of them, we need leaders like KK and Mwanawasa LP

  64. KZ is feeling the impact of Brexit as rent in east London council flats has gone up a notch n someone’s not buying it. Just ignore the chap.

    1
    1
  65. Even if he explained again, they don’t have the capacity to comprehend. They will say explain again and again they will say explain again and again and again and again. What is the use? Lets move on. There are worse thieves right now unless as usual, you want to wait for 30 years before you start asking them to explain.

  66. This is pure foolishness (PF) obviously as transactional advisor he was paid! Are you going to ask Lazard after you pay them $5m? Simple logic, if privatization revenues where $1bn a percentage of that in advisory fees if well invested would make one rich…..others drunk there legal advisory payments!! Let Tembo account for the source of his poverty since he is seeking public office and let him sign a prenap so that he does nt get rich within a year after presidency!!

Comments are closed.

Read more

Liquidation Online Auction

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading