Parliament has ordered Finance Minister Alexander Chikwanda to issue a comprehensive statement to the house over the illegally printed money circulating in the country.
Deputy Speaker of the National Assembly Mkhondo Lungu made the order after Monze Central UPND Member of Parliament Jack Mwiimbu rose on a point of order in parliament on Tuesday.
Mr. Mwiimbu had asked the Deputy Speaker whether it was in order for the PF Government to remain quite over what he termed as a serious national matter.
The Monze parliamentarian produced a fifty thousand kwacha note which was not printed by Thomas De La Rue and laid it on the table of the house.
Mr. Mwiimbu says the PF Government has created a lot of anxiety in the country and should not remain mute on the matter.
On Tuesday, President Michael Sata revealed that the MMD government illegally printed money from two other printers apart from De la rue which is in Circulation.
ZNBC
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well lets see the the finance minister has to say…. lets see who is the real kachepa
Good one. I hope Sata was right, otherwise Chikwanda has a big headache!
Yes truth must be told
we wait to hear from the Dr at MoF. We shall now tell what exactly the president stands for.
Thank you – we need to hear the full story….. err, I mean facts.Â
Am glued to Parliant Radio FM 92.5 and patiently waiting to hear how Mr Chikwanda will “un-wind” this position created by his boss. He has a headache indeed..
what headache? the notes printed elsewhere are there for all to see. just summon the former mof and former bank manager and interrogate them. mind you dont interview them, i mean interrogate them and they will spill the beans.
i think all government officials are having headaches now.what ever comes near his ears he announces.Then officials have to go and investigate.SCOT has not come back up to now over rehabilitation at STATE HOUSE. we wait. Now is Chikwanda to go and find what his Master means when he says the money in his pockets is FAKE
Too much talk and zero arrests. Just randomly pick k50,000 notes and compared the names of printers. You will find three different printing companies and also the signatures are not the same. This story came out towards election and some of us inspected the notes. Most of this money was used during campaigns.
#8 Mature. It could be a headache if BOZ printed the money on Business As Usual, without interference from Govt or ruling party. Sata said MMD illegally printed money (or printed illegal money).
Given the status of State House, we want the President to be right. If he is found out to be wrong, then he is not fit tio run the country, because the allegations are a serious national and economical issue.
Honestly I’m sure this country is being ruled by dogs now! If the MMD was so terrible, how come Zambia got lifted into middle-income status and achieved international recognition where we now have a credit rating as a country and the PF themselves will be using that credit rating to sale the $500Million bond? How come the Bank of Zambia as left with over $2billion in international reserves, enough for 4 months import cover – the highest reserve amnount since independence. How come that for the first time, Zambia was able to feed itself and export produce to other countries? How come that manufacturing has been returning in steady flows? The fact is PF is clueless in terms of policy – and they are diverting attention to these allerged crimes. Unbelievably *****ic government!
Chikwanda please advise your uncle to consult before he opens his mouth.
How can BOZ print ‘fake’ Zambian kwacha? Is that not a contradiction in itself? With inflation in single digits where has all this ‘fake’ money gone? Why doesn’t Chilufya just say that he wants us to look at his ugly mug every time we buy something by having his rotten teeth ‘grace’ the new notes he wants to have printed?
Leaders or whisle blowers? its high time PF and its government stated working. These tricks of vuvuzelaling what mmd did will not put food on our tables, thats why the law bodies are there, report thieves and plunderers to relevant bodies not the media and start working. We are now buying the dollar at 5200 and 5300, the copper prices are droping, those are serious issues the government shud tacle. bank rates are being said to have been lowered effective 1 december, but if u compare the banks have not reduced anything the amounts are almost the same. We need president to start working not being a vuvuzela. if theres a thief, take it to law bodies.
This must be the only country in the world where” fake” notes are actually legal tender…we hope it is not a ruse to print new notes with people faces on them. One of the few good things Chiluba did was to erase the ego maniacs faces from the kwacha note!
# 9 just because they are printed from another printer apart from De la Rue does not mean it is fake. Thats the headache Chikwanda has. If there was no overprinting of money what will he say in Parliament?
just approve my coment ba LT
PF govt are a bunch of *****s, starting with the chief ***** himself. Check the way the Kwacha has started sliding in value! You see, over the past 5 years, Zambians in the diaspora have been returning home in droves due to the improved economy in Zambia – iut wasn’t making sense anymore to stay abroad when you could make the same money and more while enjoying a lower cost of living in Zambia. However, things are steadily changing – by 2016, everybody including President SATA will be wanting to migrate to other countries due to the state of the economy, after PF drives it into the desert! If that happens and we go back to the past when we used to import everything and starve from failing to feed ourselves PF leaders will be tried for treason and damaging public property! I’m serious!
chikwanda tell us the truth.
We wait from what our learned minister has to say over the issue.
Whistle blower president just wanted to compete with Chifire, and thats exactly what Chikwanda will say in his explaination. Nothing else to say……
Too much yapping ba PF, when r they going to deliver for real?
this should serve as a big lesson to the president and his advisers.
Like i have posted before…..
Soon you will see resignation of ministers from government who can not associate themselves with this illiterate constable. The wheels will start falling off in a matter of time
My prediction first resignation will be Guy Scott.
At the speed the PF boat is cruising,many will jump overboard for safety.Actually I have doubts as to whether they will run a complete term.Resignations are certainly coming, but it will sad for them after making so many mistakes and enemies.Some may choose to stay on knowing that society may view them differently.At least with the MMD and RB incharge of affairs the counrty had direction.Statements made sense and were inspiring.
@22 The Engineer (Australia)
You just sit down and put a sock on your pie hole, you bitter lemon. Where are you when there are articles about your thieving MMD crooks. You chaps are so bitter its beyond me, you love to see this government fail. Were you personally befitting from shameless MMD plundering? Were your relations in the MMD Cabinet??
* benefiting from shameless MMD plundering?
Dr. Chikwanda, that’s not an academic exercise. We are talking about real issues here. We are waiting to hear the truth of the matter.
The Kwacha notes are different from one another. Are the features on the the legal tender supposed to be exactly the same.This is what has bothered me. Please someone educate me.
Mr. Expired Honourable Minister, Please tell us the truth, our ears are itching!!
By the way I understand that ba Chikwanda is a relation to the former wife of the president. Can someone confirm this please. The family tree…
#31, many years ago I heard something on those lines. Someone confirm please?
I don’t envy your position honourable Minister, but then you asked for it didn’t you?
i will be suprised to hear that the president didnt screw up.#3 ya u made me laugh