Mon, 07 Nov 2016 09:39:15 +0000 THE Development Bank of Zambia (DBZ) has joined the petition to have the Post Newspaper liquidated and is demanding K97 million from the newspaper now under compulsory liquidation, heightening fears that the newspaper and its owner Fred M’membe may be tottering on the verge of bankruptcy. And Lewis Chisanga Mosho, the provisional liquidator of the Post Newspaper, has charged that The Mast, the reincarnation of the Post Newspaper, is infringing on the copyright of the Post Newspaper and has asked the Zambia Police to investigate all persons in the production, publication and distribution of the newspaper. Mr Mosho said in a statement yesterday that the list of claimants who had submitted claims as creditors against the Post Newspaper in liquidation now included National Pensions Scheme Authority apart from the Zambia Revenue Authority and Investrust Bank. Mr Mosho disclosed that the Post Newspaper (in liquidation) had accumulated a total of […]
M’MEMBE FACES BANKRUPTCY
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