By MUBITA KATETE BOB Sichinga has accused President Hakainde Hichilema and his Minister of Mines and Minerals Development Paul Kabuswe of being untruthful about the Mopani deal, warning that it could eventually come back to haunt them, as there are no secrets in government. Mr Sichinga, a former Minister of Commerce and Trade has expressed concern on how the Mopani deal had been shrouded in secrecy to the extent that Mr Kabuswe was failing to explain how the transaction was done. Mr. Sichinga, who is a former mining executive under ZCCM, also explained the Mopani ownership structure, which involved two major shareholders, one of which was ZCCM-IH, acting on behalf of the government. “The government invested in ZCCM-IH through the Ministry of Finance, where the minister is a shareholder on behalf of the government. The minister takes the funds and invests them in ZCCM-IH, which in turn can invest in any mining company as directed […]
HH, Kabuswe shall account over Mopani – Sichinga
