Fri, 05 May 2017 10:11:43 +0000 By NATION REPORTER EMBATLED former Post Newspaper proprietor Fred M’membe and his partner Mutembo Nchito SC offered themselves high paying jobs at each other’s company where they were both directors. Information emerging reveals that a contract of employment signed by Mr M’membe offered his friend, Mutembo Nchito SC employment as Chief Executive Officer for the now defunct Zambian Airways on 11th December, 2006 at a whooping US $20,000 monthly salary among other hefty allowances. And Mr Nchito as company secretary for the Post Newspaper designed the work contract for Mr M’membe as CEO and managing director with a net monthly pay of US $100,000 almost K1 billion salary. The two have a long history of friendship as manifested in the two legal work contracts signed, sealed and delivered to each other. Mr M’membe in his contract was entitled to fire himself should he be dishonest or be caught up […]
How M’membe, Nchito looted Post, airline
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