By NATION REPORTERREVELATIONS that ACC lied over the purchase of a bank and its assets worth K300 million by a former councillor in Lusaka should trigger a commission of inquiry into the suspected unprofessionalism by investigative wings bent on appeasing the new regime with lies, Citizens Democratic Party (CDP) president Robert Mwanza has said.The ACC claimed that it was investigating the alleged sale of a bank and assets.The Bank of Zambia (BoZ) however said it was not in receipt of information for any acquisition of any commercial bank.The central bank said the process for obtaining a banking licence or acquiring an interest in a bank was rigorous and applicants were required to comply with the set criteria before approval for a licence or ownership of an interest was granted. BoZ said in response to a press query that it verifies the source of capital as part of compliance with international obligations related to Anti Money Laundering, […]
ACC lie over the purchase of a bank and its assets worth K300 million by a former councillor in Lusaka should trigger a commission of inquiry.
