Fri, 22 Dec 2017 12:53:59 +0000 …Italian businessman accused of attaining majority shares in City of Lusaka FC dubiously By MICHAEL MIYOBA ‘CONDEMNED’ City of Lusaka general secretary Christopher Chilongo says Forli Limited owner Diego Casilli is not the major shareholder of City of Lusaka FC and that he used dubious means to acquire 58 percent shareholding in ‘’Yamoto’. But City of Lusaka Board chairperson Christine Mulundika said that Casilli acquired the 58 percent shares in a transparent manner. Speaking in an interview with Daily Nation Sports in Lusaka Mulundika called Chilongo to end the war of words and focus on rebuilding the club that has been relegated from the FAZ super league. Speaking in an interview with Daily Nation Sports in Lusaka, Chilongo said that the acquisition of the 58 percent shares by Casilli was based on a fictitious debt of US$562 500 imposed on City of Lusaka by Cavmont FMO Capital Corporation Ltd. […]
