Former Access Financial Services Limited (AFSL Director Aaron Chungu has revealed alleged gross financial mismanagement in the liquidation of DEFUNCT Access Financial Services Limited.
Speaking today at a press briefing in Lusaka Mr. Chungu disclosed that the Central Bank has in the last nine years of managing the financial institution failed to pay tax in excess of one billion kwacha.
Mr. Chungu further said that about one point five billion Kwacha was also paid to two employees who testified against him and his co-accused in the corruption case in the magistrate court.
He has also charged that huge salaries and administration payments in excess of twelve billion Kwacha were unjustly paid despite BOZ claiming that the financial institution was insolvent.
MUVITV
Ala, these thieves are still walking the streets as free men? kwena indalama ni ndalama. The jails are for the poor.
the MATRIX
haha…now the thievies have woken up… what is sata doing.. all these thievies should be locked up.
Let justice prevail. Maybe their oppressors are no longer in power in the country.
thugs regrouping, his is going to head the tribunal on the matter.
Thieves can even afford to hold press conferences
Remember Sata almost appoint X. Chungu as PS. This is all done in doors. Ba Sata is all well aware of these issues.
All the Bemba thiefs are coming out of the woodworks now. It is time to eat from the farm, and meanwhile lock other people up. It makes me sick. And you say you are here to fight corruption???? Yes, may be – fight corruption the Bemba way.
I can smell a tribunal, only its not yet certian who will be fired before the tribunal moves in.
Who was the judge who handled this case? I can assure you by tomorrow we will hear how ‘corrupt’ he is……….Ba Chikopo inchito yamoneka!
*****s are made in Zambia.
so this is how justice in zambia is done. people who have swindled the nation in billions still walk and rub shoulders with the chief justice and when sata sets up a tribunal you complain. this is a typical case and liatos is following suit. by the time they hear the appeal case, 2 years will have elapsed and such thieves will never taste the gaol. so who is meant to do time in jail in zambia? a petty thief who stole because of hunger or the greed politician who stole even in his/her abundance? is this what you call justice? acquitting the guilt and imprisoning the innocent? and the opposition see this as a normal way. to tell the truth, if the laid down procedures are used to correct the wrong doings in the judiciary are followed, no one will go to jail as they will put injunctions
the judiciary has insulated itself from attack by putting up measures that will see to it that corrupt judges go scot free. why not imprison liato with hard labor for 10 years with the chance of bail close to zero. or give him bail for 1.5 billion kwacha failure to pay he goes in. why slap a mere 2 year term while a juvenile goes in for 5 years for eating biscuit in shoprite because of insala. and the opposition are busy protecting the corrupt judges.
@ Zero Option, habena Sata is the one bring out these guys who were hiding. Rememeber the current DPP was trying to put them in jail during the Mwanawasa govt. How can the come out when the sheriff( DPP)is in or currently running the show? you *****s, read between the lines!
Do people who call bembas thieves visit the prisons? If bembas were heartless Zambia would be in shambles
Zambia is in shambles!!!! Â Just come back home and see for yourself. Â Zambia is now a jungle.
@Kissinger, history teaches that traces of hand tools and fire were found around Kalambo falls. This demonstrates that inhabitants of this region were innovative. Apes don’t make tools! They were front runners, while in one region, they found humans paying homage to a deformed tree. They worshiped at this shrine. It still exists as Ing’ombe Ilede!
You are an utter fool. Â Ing’ombe Ilede was a trading post with evidence of pottery and beads. Â This was well before those monkeys at Kalambo falls started experimenting with throwing stones.
Aaron Chungu is part of the MMD mafya matrix
Aaron should just use those papers of his as shinda paper,he is a thief and no other word can describe him best…Sata should even be very careful with such guys,they will turnish his name…be careful
Aka ka muntu still walking the streets and he is blowing his horn . I thot he was locked up.
Can some tell us of all the convicts of Zamtrop if any are locked up – Chungu , Faustin Kabwe, Stella Chibanda , Katele Kalimba, Francis Kaunda, Xavier, etc. And millions where spent on the task force. What a circus !!!!
LT the headline should read ” acusses” ( not accuse) .Eishh,Chisungu in Zambia is slaughtered everyday.
It was put to Zambians, Sata would be the last person to fight corruption in the nation. Any where in the history of the world, those that commit the most hinious, attrocious, diviceve, barbaric and corruptive acts, will deceive the people by claiming fighting these vices and yet there in lies their multiplicity actions of perpetuating the very vices they claim they fight.
Who can claim that Sata has defeated or reduced corruption?. He has already given back Finance back freely as a pay back reward for the election finance Mahtani rendered to him, now he wants to reward Aaron Chungu after all those national plunders he did his brother Exavier Chungu. Thieves and plunders are re-grouping with Sata’s blessings with controlled judiciary.
Phew!!!!! Malabishi!!!!! Sh…….t happens pa Zed.
Please madam boss president, can you appoint a tribunal to ascertain what chungu is revealing?
The party for thieve is now offically open. the invited are Nchito, Mmembe, Aron, X. Chungu and some people who had cash in a suit case (approx. 2billion) and others. Chiluba times are back for mafias to be in control of the govt coffers. Hard times ahead, did we throw away the belts after HIPC? Look for ropes becauses the times ahead belts won’t work.
typical of BOZ, rember K16 BILLION syphoned from Finance Bank during temporal possession…
#24 use your barians to think and not your skull.That guy is THIEF period.Do you have evidence that 16 billion was syphoned?We Zambians in Botswana must be ashamed of what is happening pa Zed.
#24 use your DAMN BRAINS to think and not your skull.That guy is THIEF period.Do you have evidence that 16 billion was syphoned?We Zambians in Botswana must be ashamed of what is happening pa Zed.
As a result, the Capsule collection with many of the ancient 60’s kinds of the 60s will be brought back to memorialize the twentieth loved-one’s birthday get-togethers
I liked up to you will receive performed right here. The comic strip is tasteful, your authored subject matter stylish. nevertheless, you command get bought an edginess over that you want be handing over the following. unwell for sure come more beforehand again as precisely the similar nearly very steadily within case you defend this hike.
I simply wanted to appreciate you again. I am not sure the things that I might have accomplished in the absence of the type of recommendations revealed by you on such a concern. It absolutely was a very horrifying condition for me, but noticing your expert form you managed the issue made me to weep over joy. I’m grateful for the assistance and even hope you find out what a powerful job you are always carrying out educating the others through a blog. I am certain you have never encountered all of us.