Mon, 19 Jun 2017 09:47:33 +0000 By Bennie Mundando GOVERNMENT must prosecute the owners of Lake Petroleum and its operating licence revoked with immediate effect for smuggling fuel tankers into the country because this is tantamount to economic sabotage. And the Petroleum Association of Zambia (PTAZ) has vowed not to bow down to intimidation and threats of legal suits in its quest to rid the sector of Oil Marketing Companies (OMCs) whose illegal activities it says may rise following Government’s withdrawal from the sector. PTAZ secretary general Benson Tembo told the Daily nation yesterday that the Lake Petroleum oil saga was an eye opener to the nefarious and dangerous activities of companies in the oil industry where some local officials were conniving with foreigners to deprive the country of vital revenue required for development. “We can safely say that some senior officials handling this case are diverting the attention of the ZRA commissioner general […]
