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Zambia President orders probe into $1m Banda account

Discussion in 'International Forum' started by Dingswayo, Dec 8, 2011.

  1. Dingswayo

    Dingswayo JF-Expert Member

    Dec 8, 2011
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    Zambia President Michael Sata has ordered the country's law enforcement agencies to "thoroughly investigate unexplained funds" in his predecessor Rupiah Banda's trust account."Information we have received is that Mpundu Trust is holding over $1 million with one of our local banks," said President Sata in a media release from his office.

    He added: "Considering the colossal amounts involved in this bank transaction, I strongly believe that it's only fair and prudent for the Drug Enforcement Commission (DEC), in liaison with other law enforcement agencies, to professionally and systematically investigate this matter."

    The decision to probe Mpundu Trust is without malice or ill-motive, but to simply set the record straight by ensuring that the due process of the law applies, President Sata said.

    "We promised the Zambian people that accountability, transparency and fairness before the law will be the bedrock of our administration (and) this is what we are doing," he said.
    Mpundu – Mr Banda's Chewa local language word meaning twins – is a trust for the former head of state's boy-girl twins.

    Treasury accounts

    Neither Mr Banda nor his office responded to President Sata's directive and when contacted, his administrative secretary could not give a response, saying he wanted to consult the former head of state.

    President Sata who has made sweeping changes to government since his September 20 election, ordered his Finance minister Alexander Chikwanda to reclaim $2.4 million state revenue that was "lying idle" in a local bank and move it to the docket's treasury accounts.

    Meanwhile, the DEC summoned President Sata's son Mulenga and a civil society leader, Mr Gregory Chifire, who alleged that the former had acquired two luxurious cars valued at $350,000 within 60 days of his father's ascendancy to the presidency.

    "The commission has so far had an audience with Mr Mulenga Sata and he is cooperating with the investigations," said Mr Samuel Silomba, the acting spokesperson of the DEC.
  2. Pdidy

    Pdidy JF-Expert Member

    Dec 8, 2011
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    Njia ile ni nyembamba iendayo uzimani patamu wwwwwwweeeee
  3. cartura

    cartura JF-Expert Member

    Dec 8, 2011
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    Dah, hii speed ya bwana Sata ni kiboko - I hope he will not trip over himself in the course of this marathon run for state cleansing
  4. Mr Rocky

    Mr Rocky JF-Expert Member

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    Duh speed aende nayo hivyo hivyo asije tuu akaishia njiani ikawa nguvu ya soda
  5. Njowepo

    Njowepo JF-Expert Member

    Dec 11, 2011
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    Uyu dingi mnoko yaani anataka mweka ndani Ridhiwani wa Zambia
  6. Wacha1

    Wacha1 JF-Expert Member

    Dec 11, 2011
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    Anawapa wakati mgumu kina Ben Mkapa, J Kikwete na kundi lao la mafisadi njia yao ni moja kwenda jela kwa kulihujumu taifa.
  7. Masikini_Jeuri

    Masikini_Jeuri JF-Expert Member

    Dec 12, 2011
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    Atakuja mkombozi wa nchi hii siku moja...................machozi ya Watz si kitu cha kuchezea na hayapotei bure! Walaaniwe wote waliotufikisha hapa kwa makusudi na uzembe wa kutosimamia dhamana walizopewa na umma!