The Aliance for Demcoracy and Development ADD president, Charles Milupi has charged the ruling movement for Multi Party Democracy MMD government has been very lenient with those abusing public resources.
Mr. Milupi says that government needs to responsibly send a clear message to everyone engaging in corrupt activities by taking decisive actions.
Mr Milupi indicates that the auditor general should not be made to seem rhetoric just because government is not willing to act on the ills revealed.
He says that once government begins to take action against all those found wanting, those who have consistently brought Zambia’s name into disrepute will learn the lesson.
He however notes that if the republican leaders and all those in authority decide to take lightly, the highlights given by the AG’s office, corruption will remain as the order of the day.
Mr. Milupi says that action needs to be seriously taken against all those found to be guilty of abusing their office and power.
He says that every Zambian should be devoted to ensure that every resource meant for the benefit of the general citizenry is used transparency and accounted for.
QFM
Why Banda and his govt are so lenient ??
more and more corruption and impunity for thieves : willing to remove the abuse of office clause from the ACC Act to dilute the fight against corruption, Chiluba cleared
100 million dollars swindled from former ZCCM, the govt knows who play this dirty trick, and where is money !! but nothing was done…
Connivance with foreign companies : windfall taxes scrapped, low mineral taxes, crumbs given to zccm whereas mines owe zccm severals hundred million dollars
Kansanshi Mining owes ZCCM-ih $ 358 million while at the same time the benefit of kansanshi overtook $ 664.2 m in 2008 and $610.4 m in 2009 !
it is the same with KCM, Mopani
ZCCM-ih has no money but owes the govt $ 300million
And Zambia is a beggar !!
(continued)
the govt owes IMF $ 333 million and was only able to pay back $ 1,9 million…
and U$300 million loan for road infrastructure !!
Incompetent or corrupt or both of them… I let you choose….
It is open season for crime and vice of all manner in my beautiful country, thanks to Rupiah.
Apart from that, ZANACO 1 HARAS 1.I know ,one day, we are going to dieeeeeeeeeee!!!!!!!!!!!
Milupi, there has been manuvours by the MMD to give u a fake promise of VP so that u back RB in 2011. After that abandon you in the unlikely event that they go through. You are on record of having said MMD corrupt and fail to fight graft, they are linient on corruption fight & accomodate the corrupt etc. So Milupi dont Join them cause youwill be legitimising the corrupt regime.
It beggers belief about the figures quoted above from Mike te if true.
If big criminals do not pay for their misdeeds, why charge a small and poor Dagga peddler?
Surely this money must be stashed in a foreign bank account somewhere like a Swiss Bank or British one for that matter.
Zambia is dying slowly while the MMD-thieves are getting fat and fater. The poor are getting poor and poorer. May GOD help Zambia that these devils are removed from power. Useless people indeed.
#6 why the govt is so lenient to recover $100 million !!!!
… WHY did grz HUSH UP that ??? WHY???
$100 million… a SHAME !!!!
whereas Finance minister Musokotwane was a director of zccm…
from apanews in 2007…
—–
APA – Port Louis (Mauritius) Zambia and Mauritius, within the framework of the Mutual Assistance Programme are working to retrieve 100 million dollars alleged swindled from the Zambia Consolidated Copper Mines (ZCCM), APA learnt here.
The Zambian government holds 85 percent of shares in the ZCCM.
A high level delegation of the Zambian Task Force on Corruption, Tuesday arrived in Mauritius to pursue the matter.
Rama Valayden, the Attorney General and Minister of Justice to reporters Wednesday in the capital, Port Louis, that he will hold a working
(continued)
session in the evening with the Zambian delegation to discuss the follow up of the case which implicates offshore companies incorporated in Mauritius.
He said about 100 million dollars have been transferred through the Bank of Butterfield Account in London, before being invested in the banking system in Mauritius and said the suspects in the scam are known by Zambian and Mauritian authorities.
At the beginning of the year, at the request of the Zambian government, the Mauritius Supreme Court issued an ’Attachment and Freezing Order’ to several banks here on the accounts of the suspects, Mr Bernard Mungulude, Mr Kazhi Kateke and the Laxi diamond company.
The duty of the Zambian Task Force on Corruption now was to seek to identify the local agents and
(continued)
representatives of the suspects so as to be able to recover and repatriate the money.
Hence, local banks have been assigned to submit documentary evidence to expose the criminal gang, or else the banks will face dire consequences, Valayden said.
Moreover Donqueen, if you read the annual reports from First QUantum Minerals you can see the total Minority interest for KANSANSHI MINING due to zccm…
now $ 358 million …! While Kansanshi mining gives only crumbs to govt and zccm-ih (only $24, 1 million : $6m in 2009 and $18,1 m in 2010!)
Why the govt is so lenient whereas poverty is so high ???
Sometimes we need to take a break from non.sense habitual bloggers without facts, or with half baked facts which they don’t even understand. Let me enjoy my lunch, then a book to send me to sleep, yes my afternoon nap.
Fellow bloggers, enough is enough and we simply can not stomach these evils anymore. We all need to stand up and confront these bofoons. The time is now and we can not wait one more day. Let us all have a sense of responbility for our mother Zambia.
zambia is so doomed with mmd ..we need change..
“These thieves are stealing public funds with the assistance of foreigners. But they don’t want the Zambian people to fight them with the assistance of foreigners. Why the double standards? What is good for the goose is good for the gander!”-POST
Poverty will always be with us as long as we do not safeguard what belongs to us. The money that is dubiusly chanelled out of this could have made a big difference. Mike Te has made a point and it is up to the relevant authorities to investigate such financial scum. When leaders start ‘eating’ with thieves then don’t expect any development.
Poverty will NEVER end if MMD is kicked out of office or if you recover money from the so called plunderers, but you can get out of poverty through your hardwork, focus,innovation & avoid excess luxuries. Make use of your time and i can assure you there is PLENTY of MONEY in Zambia. No wonder foreigners are flocking to Zambia and within 1 year thay are RICH. It is not that they are favoured but they understand the principle of PRIORITY…..Period……Continue singing the song of politicians of always talking and talking and you will continue in poverty.
Thieves are having a field day in Zambia today because of one BWEZANI!!!!!!!!!!
Milupi is too lenient to those he claims are lenient. Not genuine.
# 17 ur rite on. Most of us are poverty stricken due to inherent laziness. By the mike u seem to have all that data but jst sitting on a mini cooper and two flat tyres. Take it up man
# 17 ur rite on. Most of us are poverty stricken due to inherent laziness. By the way mike u seem to have all that data but jst sitting on a mini cooper and two flat tyres. Take it up man
bloggers ur advised to read the book Capitalist Nigger. U will discover yourselves and probably start thinking positively
# 12 double standards
facts only facts
i) 100 million dollars swindled from ZCCM
the gvt, finance minister Musokotwane ALSO FORMER DIRECTOR OF ZCCM,know that and where the money is…
if mauritian banks refuse to give back money why Musokotwane does not publicly make pression on mauritians ??
Zambian people need these $ 100 m
Today where is the money???
Moreover zccm has publicated none annual report since 2005…
So what does Musokotwane want to hush up??
State did not recover its $100 m, I read news every day and I’ve never seen the contrary. If $100 were recovered, prove it !!
ii) As your fly brain cannot allow you to see and to understand the kansanshi account, subsidiary of FQM, I give your some data
(continued)
Lusakatimes prevents me from posting the links….
The minority Interest is the benefit after amortization for the others shareholders in kansanshi mining…
There is only one shareholder with first quantum minerals : ZCCM-IH
Kansanshi ZCCM-IH Minority interests (20 percent shares of Kansanshi)
First Quantum Minerals (80 percent of shares of Kansanshi)
Minority interests 2004 0
annual report 2005
first-quantum.com/i/pdf/2005AR.pdf
page 45
Q1 0
Q2 3,3
Q3 6,8
Q4 10,2
Minority interests 2005 20,264
annual report 2006
first-quantum.com/i/pdf/2006AR.pdf
page 70
Minority interests 2006 65,697
annual report 2007
first-quantum.com/i/pdf/2007AR.pdf
page 74
Minority interests 2007 105
(continued)
annual report 2008
first-quantum.com/i/pdf/2008AnnualReport.pdf
page 62
Minority interests 2008 79,9
FQM Consolidated Financial Statements december 2009
(non-controlling interests = ZCCM-ih)
first-quantum.com/i/pdf/2009-Dec-31-FS.pdf
page22
Minority interests 2009 57,5
Dividends 2009 -3
2010
Q1 30,3 30,3
first-quantum.com/i/pdf/Q12010FS.pdf
page14
amount march 31 2010 358,661
Dividends may 2010 -18,1
Amount million U.S.$ 337,561
(after taxes and amortization)
And zccm owes the govt $300 million…
why banda and the govt are so lenient ???
Carry on your nap…
Rupiah is happy, he will rely on imbeciles like you to be reelected
Zambians we need to wake up, we shouldn’t get used to what is bad, this life of living with the worste will not take us anywhere. We deserve better, not this embarrassment of Rupiahs we have.
I have known the pascall’s of FQM.
They have criminal manners….
They are the worse neo-colonialist…..it has ever exist in that world….
and all their reports are only shit and lies !!!
Don’t blame too fast the politicians..
Because they are just tools manipulated in the hands of philip pascall(fqm)
He uses them and then ‘drop’ or ‘kill’ them when they are useless to make his mining fortune….
We have to be scared….keeping that fqm company in Zambia….
# 27 anne
I m not agree
Ruling Politicians are guilty
Congolese state revoked permit from frontier mine and kolwezi project several days ago
Why Congolese politicians can do it and Zambians are not be able to do that…
Zambian state could threaten FQM to revoke permit from kansanshi mine if they don t pay minority interest ($330 million) due to zccm during the next AGM…
Shareholders of this foreign company would wet their trousers… and thus fqm would pay…
In fact, on the one hand full mouth and full pockets for rupiah and his cronies
on the other hand empty mouth and empty pockets for many people
each Zambian must fight this crooks regime…
# anne
for Zambia the worst foreign company is Glencore ( Mopani) because that company uses transfer pricing thanks to its subsidiaries based in tax heavens (British Virgin Islands)
the govt also knows that, why nothing was done…???
bribes, bribes and bribes…
#3 – you crack me up, true, its open season for corruption and stealing. The only way to wash the sh/it mmd is c.r.a.ping on the citizens through the ballot. Next if there is any rigging then we hammer vj (physically, he is no match with his arv riddled shrivelled ka body!), we pound rb (easy to deal with by pulling all the wrinkles to one side) get mabenga and tie him to a tree at munda wanga, george kunda (spare him, let nature take its course) willie banda (grab his willie and drag him all the way to mchinji boarder) – then the rest will scamper allover like rats.!!!!
Ba cowboy mu Luena? Bwaafya.
These is no system in place to counter graft. No proper auditing of everything. Like that an environment ripe for stealing is created.
It is true that after deducting ZCCM’s share of Kansanshi capital expenditure tens of millions of minority earnings for ZCCM remain undistributed by 1st Quantum. The problem lies with the earlier joint venture agreements signed by ZCCM with the new foreign investors like 1st Q; no committment to pay dividends to ZCCM was included in the several agreements that ZCCM and GRZ signed!! It’s right to target Pascall at 1st Q; he is driving London investors in the company crazy with his dealings with the Congolese and the subsequent loss of operations there. ZCCM is being ripped off. Don’t forget when the British left Northern Rhodesia they left an enormous pot of foreign currency behind for the new Zambian Government. That’s more than 1st Q have left the country. Go for the jugular I…