NATION DAILY
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PURSUING JUSTICE AND EQUITY WITH INTEGRITY
MINERS CHEER INQUIRY Vol. 6. Issue 2724
Price K10
Friday October 2, 2020
By SILUMESI MALUMO
T
HERE was wild jubilation on the Copperbelt following President Edgar Lungu’s announcement of a commission of inquiry into privati-
LAZ AWAITS NCHITO COMPLAINT PAGE 5
President Lungu
sation irregularities. The President has been asked to broaden the inquiry to include an investigation into transactions that have enriched a few at the cost of many miners who have wallowed in poverty. To Page 3
Parley condemns ethnic debate
PAGE 3
THEY WANT PROBE TO INCLUDE: a.
b.
c.
How Konkola Mine valued at US$1.2 billion was sold at US$25 million and if in fact any money was paid. Companies owned by Mr Hakainde Hichilema and Mr Valentine Chitalu are running Zambia’s largest pension fund-Saturnia which owns properties belonging to KCM. How proceeds from the fund have
d.
e. f.
been used over the years. How Mr Fred M’membe, Mr Mutembo Nchito and Mr Nchima Nchito came to own former Mine Air Service/ Roan Air which was bought by a management buyout. What happened to RAMCOZ money? What happened to Ndola Copper Refinery plant and equipment?
HIRE EXPERTS, ZCCM-IH TOLD EIU tips PF to rule till 2024 THE Economist Intelligence Unit report has predicted that the Patriotic Front (PF), led by the President, Edgar Lungu will remain in power in the 2020 to 2024 forecast period.
THE PEOPLE’S PAPER: PURSUING JUSTICE AND EQUITY WITH INTEGRITY