Tue, 11 Sep 2012 15:58:21 +0000 The government has been warned to explain and justify the award of the US$500million dollar fuel supply contract to Trafigura a company whose subsidiary in Zambia, Puma was fined K50billion by the Competition Commission for violating acquisition conditions. Trafigura is reported to have bought KenolKobil a company which had challenged the award of the country, subsequently leading to the withdrawal of the case. MMD president Dr. Nevers Mumba has called on President Michael Sata to rescind and regularize the contract or face future prosecution. Trafigura will therefore be a procurer, wholesaler and retailer through its Puma outlets in Zambia. Dr. Mumba said he was aware that a named official in the Ministry of Energy received a phone call from a High Ranking Politician from the ruling PF to award the contract without following procedures as required by tender procedures. He said that the US$ 500 million fuel deal would […]
Oil deal queried
Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -