By MUKWIMA CHILALA and GIDEON NYENDWA ACE Pharmaceutical Limited says it remains committed to ensuring transparency and accountability in all its operations while upholding government’s procurement policy of competitive pricing, quality and timely delivery. And ACE Pharmaceuticals, the company involved in the procurement of 156 ambulances scandal using the Constituency Development Fund (CDF) has described as malicious media reports that it runs a retail pharmacy outlet in Lusaka’s Garden Compound. Meanwhile, Panetta Masala, the firm’s managing director has said the company’s Chief Financial Officer Surjit Sahani, left Zambia on November 12, 2024 to attend a private function and other business matters in India, way before the ambulance project gained media attention contrary to reports that he sneaked out of the country. Ms Masala said what was portrayed in the media is a warehouse facility for storing and wholesaling pharmaceuticals on a larger scale. “For the record, ACE Pharmaceuticals has adequate financial capacity to deliver on […]
We are not corrupt, says ACE Pharmaceuticals
