Tue, 15 Nov 2016 08:01:34 +0000 CLAIMS of up to K190 million have now been lodged against the Post Newspaper in liquidation, provisional liquidator Lewis Mosho has announced. Mr Mosho said a number of commercial enterprises had joined the proceedings and that his office had received claims amounting to almost K190 million without the inclusion of employees claiming in unpaid emoluments. Mr Mosho said among those that had engaged him were the Development Bank of Zambia (demanding K97, 248 505.12 in loan guarantee), Zambia Revenue Authority (claiming K79, 569 974.21) and Investrust Bank Zambia (claiming K7 952 015.79). “The office of the Provisional Liquidator of the Post Newspapers Limited (in Liquidation) has continued to receive claims as creditors against the Post Newspaper (in Liquidation) which claims have grown the Post debt portfolio from K187 857 803.17 as at 6th November, 2016 to K188, 822 867.31 as at today (Monday),” Mr Mosho said in a […]
Post creditors’ claims soar to K188 million
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