Tue, 27 Nov 2012 08:10:28 +0000 Records concerning the US$1.7 million debt reportedly owed by the defunct Zambian Airways to the National Pensions Scheme Authority (NAPSA) have vanished. The new NAPSA director general Charles Mpundu says he has no idea of any such debt and he does not even know if the company owed any money in contributions on behalf of workers who have since demand payment. The defunct Airline is reported to have owed $1.7 million dollars to the institution for more than four years and no efforts seemed to have been made to have the money paid back, at the time President Levy Mwanawasa was in power. “Zambian Airways borrowed this money from the institution but they did not pay back because we know they were being shielded by some directors that were involved in helping them to get away with this. But when President Banda got in office the administration started to […]
NAPSA SA loan records vanish
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