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KCM Provisional Liquidator appoints Jason Kazilimani Jr to act as her agent at KCM.

Economy KCM Provisional Liquidator appoints Jason Kazilimani Jr to act as...

The Konkola Copper Mines Plc Provisional Liquidator Celine Meena Nair has appointed Jason Kazilimani Jr to act as her agent at KCM.

Ms. Nair is the Acting Official Receiver and Administrator General of the Republic of Zambia.

In a media statement, Ms. Nair said Mr. Kazilimani, a registered insolvency practitioner of KPMG Chartered Accountants, will be acting on behalf of the Official Receiver on some of the matters relating to her functions as Provisional Liquidator.

The Provisional Liquidator is mandated by law to manage all matters relating to the liquidation of KCM following the vacancy of the office of the KCM Provisional Liquidator.

According to Ms. Nair, as agent Mr. Kazilimani will also support the Provisional Liquidator in the efficient and prudent management of KCM.

She said the KCM acting Chief Executive Officer Mr. Enock Mponda, Directors and all ExCo members of KCM retain their normal functions in the Company.

The functions include the operation of the mines and processing plants and all matters relating to employee welfare.

“KCM Provisional Liquidator announces appointment of agent at the firm CHINGOLA, 25th May 2022: The Konkola Copper Mines Plc (In Liquidation) (“KCM”) Provisional Liquidator Ms. Celine Meena Nair, the Acting Official Receiver and Administrator General of the Republic of Zambia, pursuant to section 74(3)(j) of the Corporate Insolvency Act No. 9 of 2017 has appointed Mr. Jason Kazilimani Jr., a registered insolvency practitioner of KPMG Chartered Accountants, to act as her Agent at KCM. Mr. Kazilimani will be acting on behalf of the Official Receiver on some of the matters relating to the functions of the Provisional Liquidator, who is mandated by law to manage all matters relating to the liquidation of KCM following the vacancy of the office of the KCM Provisional Liquidator,” Ms. Nair stated.

“As Agent Mr. Kazilimani will also support the Provisional Liquidator in the efficient and prudent management of KCM. The Acting Chief Executive Officer Mr. Enock Mponda, Directors and all ExCo members of KCM retain their normal functions in the Company, including the operation of the mines and processing plants and all matters relating to employee welfare,” she said.

Ms. Nair pledged that KCM will continue to meet contractual obligations and conduct normal business with its business partners and other stakeholders.

“KCM will continue to honour all contractual obligations and conduct normal business with its business partners and other stakeholders,” she affirmed.

On 9th May, 2022, Konkola Copper Mines announced that Lawyer Celine Meena Nair had taken over the role of Provisional Liquidator of the mining giant.

That development followed her recent appointment as acting Official Receiver of the Republic of Zambia.

Ms Nair assumed all functions relating to the office of the KCM Provisional Liquidator.

At the time of her appointment, Ms Nair was Principal Legal Officer-International Law and Agteemht at the Ministry of Justice.

10 COMMENTS

  1. Hello brother Kaizar Zulu
    Please can you help me get a piece of land in Zambia….too much mass shooting here In the USA so maybe you can hook me up with a piece of land so that I can start growing sweet potatoes

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  2. Actually she’s very clever… putting a buffer between herself and problems, complications and implications.

    4
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  3. Just sounds as though she is struggling to meet the brief whilst sat in Lusaka; she needs someone hands-on at site. There is obviously, money to be spread about afterall! One will be paid to stay in the office, whilst another will be paid to do all the work on the ground! Good luck with it!

    #plant a tree please!

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