Mon, 27 Aug 2012 13:10:41 +0000 The Development Bank of Zambia has opposed public scrutiny in the K14 billion DBZ appeal case. The new managing director, Jacob Lushinga, has joined the appellants Fred Mmembe Post Editor and Mutembo Nchito DPP in opposing Chilufya Tayali of Zambian Voice joining as an interested party to represent public interest. A submission by DBZ lawyers Buta Gondwe and Associates argued that the application to join the proceedings was misplaced because there was no conspiracy whatsoever, between the government and the appellants to frustrate the collection of the K14bn debt. According to a submission by new Managing Director Mr. Jacob Lushinga the Minister’s instructions to stay the proceedings were only meant to obtain an opinion from the Attorney General so that collection efforts by the Bank were not misdirected and open to challenge. In the affidavit however, Mr. Lushinga makes no mention of the affidavit by Dr. Abraham Mwenda to […]
DBZ under Pressure (as its new managing director Jacob Lushinga joins M’membe and the Nchitos to oppose public scrutiny)
