By OLIVER SAMBOKOTHE alleged Zesco scandal as detailed by Mbita Chitala should be subjected to a Commission of Inquiry to establish how the $3.5 billion debt acquired by the state power utility company was used, says energy expert, Victor Hazemba. Mr Hazemba said following the damning revelations by the former Zesco board chairperson Dr Chitala in his book “Corporate Capture, the Political Economy of Electricity Management in Zambia 2014-2021, (How Not to Manage a State Enterprise),” it’s important for Government to review all loans acquired by Zesco to ensure the money was used for the intended purpose.He said the extent of abuse at Zesco as highlighted by Dr Chitala, can only be ascertained through a competent Commission of Inquiry. Mr Hazemba said there are a number of questions at Zesco that are begging answers such as the alleged maintenance of ghost workers on the payroll, illegal acquisition of vehicles that were allegedly given to a political party […]
‘Probe Zesco’ – Enquire into US$3.5 billion debt, govt urged
