Thursday, November 14, 2024

BOZ does not owe Musokotwane any benefits-Mayondi

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Former Finance and National Planning Minister Situmbeko Musokotwane

Bank of Zambia has said that it was unaware of any retirement benefits due to the former Minister of Finance and National Planning, Situmbeko Musokotwane. This is according to BoZ head of public relations Kanguya Mayondi.

This follows allegations by President Sata recently that Dr Musokotwane was receiving two salaries after he left the bank to become secretary to the treasury and later economic advisor at State House.

Dr Musokotwane said when he was hired as a consultant by the bank to provide certain services, he did not get any remuneration from Government as an economic advisor at State House.

He challenged Government to countercheck the payrolls at the bank and Government to verify if at one point he got double salaries.

It was alleged that Dr Musokotwane stands to pocket up to several billions in retirement packages from the government through the Bank of Zambia (BoZ) where he once served as a deputy governor.

But the bank, in a response to a press query, yesterday stated that it does not owe Dr Musokotwane any benefits.

“The Bank of Zambia wishes to state that it is not aware of any payments which are due to the former Minister of Finance and National Planning, Dr Situmbeko Musokotwane.

“The Bank of Zambia further wishes to urge you to contact Dr Musokotwane directly for any further information,” Mr Mayondi said.

59 COMMENTS

  1. So who is a fool now? Malabishi yeka-yeka. Interest of going home is eroding fast cos of the direction our country is fast heading to.

  2. Italian Bunga Bunga, Dr. Musokotwane did not claim any money please. Ask your president with a bad mouth as others have described him. It is him who claimed Musokotwane was getting double salary and stood to pocket billions as a retirement package. Get your facts right.

  3. Shame. This is shameful. The problem we have in zambia is a president who wants to show everyone he has an ear to the ground, when in effect he has it in the air

  4. I think PF really need to settle down and stop behaving like they are in opposition.

    It is true Dr Musokotawne never claimed that he wanted benefits from BOZ. This was president’s SATA’s claim. Sata claimed that the DR was getting double salaries and in his hateful mind concluded that the Dr will even pocket benefits from BOZ.

    I think the  president should have asked BOZ first before going public. He needs to start using advisors around him and just speak from a prepared speech if he has no disciplined to curb his opposition mindset of mentality.

    He should realise he is a president now and he has access to all resources.

    This is another Blunder from Sata

  5. But Dr. Musokotwane worked very hard for this nation. Does not he deserve terminal benefits? This is very sad development for the professionals

  6. Why does the President lower himself to the level of discussing publicly about working conditions of one simple citizen? Why should such individual cases be national issues requiring Presidential declarations? Why is the President doing the work of an HR clerk? Does it mean there is nothing important in Zambia to occupy the President for him to spend Presidential time on such?

  7. what is the president and even lubinda talking from then ? Having been a minister and being aware of the uncertain future am sure musokotwani got his money just like they have dropped charges against mutembo nchito .

  8. BoZ PR, are you not embarrassing the president? First it was Hon Finance Minister in his ministerial statement on fake bank notes, now you?

  9. Its great to see these institution stick to their guns and refuse to be bulldozed by a grade 7… with language like he has just enrolled for grade 7 night school probably at a primary school in Mpika… boy was the bishop on the money

  10. A grade 7 trying to fight a PhD. ba Sata tafisa ngameno yamukanwa…   people go to school to get knowledge.

    Next its the 1000 bicycles…. another last laugh for the Dr

  11. Zambia is in trouble with this colonial constable ( cop) can someone please do something.What has Situmbeko done against the cop,can someone explain to us we want to know.Please, stop your harassment of Dr Musokotwani and Dr Kanganja, I appeal to our constable president.

  12. Those of u who ar insulting da president,u hav no manners.wether sata is educated or not,he is da president of zambia and many pipo ar hapy wit da way thngs ar going except 2 a few unpatriotic and narrow minded pipo like musonda and other fools.Dont jst open your bick anyhow u fools.

  13. #7 silence is the best weapon to fight defeat. I do not know where and what paper you were reading from but frankly speaking your president is embarassing. I told my mom to vote for PF. Iam really sorry mayo. I did not know you knew better on this one. Dr. I salute you and he knows how to face the truth. Muchibe Sata. thats CHimba ammunition beefing up. Ati Ba Sata amafi fye. Sancho ba BOZ.

    • Your support of PF and Sata shows your lack of wisdom.  I hope that you have better luck in your other decisions in life!

  14. Let the learned doctor alone.Its retrogressive how we treat our own people who have achieved so much in life academically and professionally .This man presided over an economy that performed well despite him belonging to the MMD whose image has been tainted with corruption.We can still make use of this rare gift that we have people.

  15. The PF motor-mouth-Sata has turned out to be a clear and present danger to Zambia. What a national curse we have taken in this gambled move! Rascals are not meant for national executive leadership office political theaters. Why did Zambians allow this parody to cross the line from political cadre to State house? The nation has engaged itself in reverse overdrive. Indisputably Federalism is at hand and all PF cadres blindly following this relic in its doom are ruining their lives and future. It will leave them ruined outcasts unacceptable in the new Zambia time will deliver.

  16. Rascals are not meant for national executive leadership office, but the confines of political theaters only as followers. Placing Sata in such a high office was the most reckless and dangerous betrayal to the nation we made against national interest as citizens.

  17. Yesterday some Harvard scholars were just dissecting Sata’s Paper presented to their school’s on Human Rights Studies Events Series, on October 24, 2007, Harvard University, Cambridge, Boston, MA. It was embarrassing and impossible to defend his lack of integrity. Couldn’t find defense to the conclusion that he is a disillusioned flip flop believing he get away with lies in a Globalized open society.

  18. @ITALIAN BUNGA BUNGA

    He never claimed that he was owed money.  It was id!otic Lubinda, Minister for Misinformation and Spin, who said in a press statement that Muso’s terminal benefits from BOZ may not be paid.  Check your sources or is your thinking so twisted?!

  19. This is going to be a long 5 years. I hope that people will have more money in their pockets on Dec 18th. The 90 days will be over!

  20. It is incredible how a whole President can find time to fabricate stories against citizens.  If it irks him that bad, why not first investigate before rushing to the microphone?  Why not talk to the facts instead of conjecture?  Satan sees enemies lurking in shadows everywhere he looks.  This is what an evil mind does – you cannot believe that other people would not do what you would do. Muggers and rapists normally blame their victims.  That is the type of person we have in State House.  No conscience, no intelligence.  This is what you get when absolute power meets crooked legs with no brains on top.

  21. Senior Citizen wellcome back to Zambia man. Now you have finished mourning that you lost elections? Your ranting will not do anything man, remember how you guys accused Sata of any thing but people new that you are people full of hatred against Sata, people never paid attention to your inspid rantings. Here is Sata in state house the one you said would not rule Zambia. Really you are very useless chap, a faillure in life.

  22. My prophecies are being fulfilled day by day at State House of the Republic of Zambia.
    I warned a year ago that when Mr Sata becomes President, every little bit of intelligence information he gets at the briefing, will be publicly announced. Mr Sata has been a gossip all his life and it may be a while befor this ‘kamusango bakwata’ goes away. He will also use Intelligence briefs to fix his enemies and friends. I now prophecy that there will be a great showdown between Bwinjimfumu Road and Independence Ave. Watch the dust!

  23. Sata and Lubinda should make public apologies to Dr Musokotwane.
    Or else they should be sued for defamation of character.

  24. Musokotwane is a bullish liar,Sata is right.1.the guy says he does not know anbout another printer,coz boz was just replacing notes,K115billion paid and he does not know.Rabbish,then double salary Boz was about to give him the check,then Sata checks them,then they rescind the decision…..The guy was getting two salaries…King Cobra is an Honest president you may not like his style but am enjoying him,no more crooks he will expose you..This is the first Lozi i have know whos. a liar,Dr,he denies everything….Sata cant be wrong hes dame experienced in these matters..wait Dr become president facts will come out..

  25. @ Realist supporter. you are stupid, an analytical supporter. use your brain man! dont use your belly. What is there to defend as the truth speaks for itself. Sata is a lunatic and that is true. Most of those who votwed for him are unlearned and poor.(its no a sin to be poor that i understand), but my point is that they voted out of emotions void of true analysis of his message. The bad thing is that nothing will change for them. unemployment will increase and so shall poverty. Too bad and shame.

  26. leave my beloved presido alone……mwebantu………………………….offcourse he will learn how to talk….give him time

  27. #23 – You are right. Let us not insult our good President. We like him that is the reason why we voted him into office. A lot of educated people have failed us in running the economy. Leave him alone and let our President enjoy himself.

  28. @#-7 ITALIAN BUNGA BUNGA – sometimes it is better to shut up rather than expose your abject ignorance by breaking wind all over the show. Stop telling people that they have not been following the story. It is YOU who has not been following the story. In your blind support for Sata you start blaming everybody else for his lies. Even in this article the message is still CLEAR! Did you even pass your Grade-7? Guys upgrade your English. You speak local-lingo too much it’s beginning to f.u.c.k up your understanding of English language. In a job, you would be fired!

  29. This story is a perfect example of just how much dullness exists in PF and its supporters. They can’t even understand simple English…and just a few days after the story started, they have already forgotten the facts about the story. The fact is theis President is the DULLEST that Zambia has ever had. In 2016, some of us will make sure he does not get another term, if it means splitting up Zambia we will go for that. Nobody can tolerate this level if primitive governance for more tghan 5 years, when the rest of the world is moving forward. Those that want him will be allowed to keep him…away from the sight of those that don’t want him.

  30. Guys, the Bank of Zambia has not answered our question! The question is : Did Dr. Situmbeko Musokotwane get a double salary when he was Minister of Finance? The bank has only said that they do not owe him any benefits> What about the double salary issue. Dont crusify Sata yet!

  31. It is very unfortunate that some pipo think that Chipimo is better than Milupi.2016 will be a year for Milupi whether Bembas want it or not.What has Chipimo done to deserve publicist.Western province will vote for Milupi or HH.Win or no win this Lizis have learnt a lesson.You cant talk of One Zambia One Nation when you can see the inequality in development and appointments.Pipo who say that Lozis are tribal are hopeless.Bembas are the ones buying fish and rice there.Bembas and Lozis are marrying each other every day.But look the way Dr situmbeko is being mistreated.You cant compare Situmbeko and Lubinda.Situmbeko is really a Lozi who deserve respect.Mr Bukukwanu shud not cheat himself that he will retain the seat in 2016.He shud thank RB for the shooting incident in Mongu

  32. otherwise he

    Reply

    would have lost terribly.Mongu-Kalabo road was not in the Budget for 2011.This was an agreement between China and Zambia in 2006 to reconstruct the road by the late Pres Mwanawasa.The former President Banda to gether with Musokotwane went to China to complete the deal.Kaunda did the same for the construction of TAZARA.TuTa road and Lusaka -mongu road.These are big projects which need bilaterial agreements.Chanese have already brought the bridges please let them finish it

  33. No. 42. Are you serious? Which story are you commenting on? I thought you were commenting on the above story where BOZ are denying they owe Dr Musokotwane anything. You people astonish me! Such kind of ignorance is dangerous!

  34. I urge Zambians to show their displeasure with the manner Sata is conducting himself by ensuring that all PF candidates lose the ensuing by-elections should they succeed in their election petitions now before the courts of law. After all, most of the petitions have been initiated by PF and to shame them, they should lose the by-elections that will follow.

  35. LT, are you sure youn are reporting the truth? be honest on your reporting. the question is , was musokotwane on boz’s pay roll while serving as a minister? no gvt official talked about what you have reported or maybe i missed something in between. i have noted some spicing in your reportings of late. please do not bring about unnecessary comflicts that you can avoid.

  36. Na balate efyo mwalebatuka ati cabbage but baisamidabwisha, long live president MCS God bless you even as PF sail through 2016. We voted these guys out because they only thought of themselves no uniforms for police/prison officers, no loans, no settling allowances for civil servants, inmates moved literally naked, ichalo bantu, those who will be convicted for corruption the prisons you neglected are waiting for you. We keep thanking God mwalilusa we did it. God bless Zambia.

  37. Well, we all always knew Sata to be a lunatical loud mouth. He was discharged from the Northern Rhodesia police for mental instability. In all his political carrear, the centre piece has been lies and stealing. Now he is the real top silver-back of a gorilla troop in a Zambia maize field.

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