THE National Pensions Scheme Authority (NAPSA) had in 2008 applied for 200 hectares of land to the Ministry of Lands before it eventually bought 1,500 acres from Meanwood Development Properties Limited, contrary to assertions that the ruling MMD used the purchase of the land to raise money for the party.
And MMD has denied allegations that the US$15 million land transaction between National Pension Scheme Authority (NAPSA) and Meanwood Development Properties Limited was an attempt for the ruling party to fraudulently fundraise for its campaigns.
The revelations that in fact NAPSA had applied to the Ministry of Lands for land long before it purchased 1,500 acres of land from Meanwood Development Properties Limited dispels assertions that the MMD and President Banda used the purchase of the land to raise money for the ruling party’s campaigns.
The MMD and President Banda have been accused of influencing NAPSA to purchase 1,500 acres of land from Meanwood Development Properties Limited at a cost of US$15 million to raise money for campaigns this year.
The land in question was subjected to valuation by Pam Golding Properties before the transaction could be completed.
According to a the letter from then NAPSA director general A M Chibumba addressed to then Minister of Lands Bradford Machila in 2008 and obtained by the Sunday Mail, NAPSA had applied for land at Baobab School area.
Dr Chibumba in his letter said NAPSA was applying for 200 acres of land adjoining the Baobab College on Kafue Road in Lusaka.
“I make reference to the meeting held in your office with the undersigned on Wednesday 16th January 2008 and the contract signing ceremony between NAPSA and National Housing Authority (NHA) held on December 4, 2007 at which you echoed your commitment to support NAPSA in the foregoing subject matter,” reads part of the letter.
The letter also reads that NAPSA has planned a massive investment in real estate projects development with an initial start in Lusaka before expanding to other towns.
NAPSA has said the transaction followed all the procedures and investment guidelines in acquiring land from Meanwood.
NAPSA has denied any form of external influence from anywhere, including President Banda in the transaction.
“We wish to categorically state that the issue of any external influence from anywhere, including the Republican President does not arise at all. Further, the board and management of NAPSA operate within the confines of corporate governance structures with no influence from the President or indeed any other external bodies,” reads a statement by NAPSA dated March 9, 2011.
Mr Machila confirmed last night that he received a letter from NAPSA applying for 200 acres at Baobab School area along Kafue Road.
Mr Machila said the Ministry of Lands could not offer the said land to NAPSA because the land had been allocated to Legacy Holdings as developers at the time.
And the Gemstone and Allied Workers Union of Zambia has castigated Patriotic Front Kabwata Member of Parliament Given Lubinda for claiming that there has never been any application from NAPSA to acquire land for property development.
GAWUZ president Sifunilo Nyundu said in an interview yesterday that Mr Lubinda should have done his research properly before alleging that NAPSA had flouted procedure in acquiring 1,500 acres from Meanwood Development Properties Limited.
Mr Nyundu said Mr Lubinda’s statement was careless and meant to mislead the nation on the purported illegal transaction.
Meanwhile, MMD acting national secretary Chembe Nyangu said the allegations are a total fabrication by some people whose motive is to scandalise President Banda and the party.
Mr Nyangu said in an interview on March 12 that the MMD was not aware of the business transaction between NAPSA and Meanwood Development Properties Limited.
Mr Nyangu stated that it is grossly unfair to the MMD and President Banda to be dragged into a business transaction that happened without the knowledge of the party.
“The position of the party is that we are unaware about that transaction and at no time did President Banda or the party hold a meeting to coerce NAPSA to buy land from Meanwood Development Properties Limited.
We know that those accusing the MMD are trying to get at the President,” Mr Nyangu said.
He said NAPSA and Meanwood Development Properties Limited had agreed on their transaction and that the two institutions did not consult the MMD because the party was not part of the transaction.
He said it is not correct for people to continue insinuating that the MMD is corruptly abusing parastatals such as NAPSA.
[Zambia Daily Mail]