By ADRIAN MWANZAKONKOLA Copper Mines (KCM) provisional liquidator Milingo Lungu has reportedly resigned from his position.This follows an acrimonious week of battling with the Administrator General, Ms Natasha Nsanta Kalimukwa, who two weeks ago announced that Mr Lungu had been suspended as provisional liquidator of the Copperbelt mining giant following a complaint lodged by ZCCM – Investment Holdings PLC relating to contract mismanagement, financial mismanagement, and asset mismanagement.However, almost immediately, Mr Lungu and his lawyers hit back insisting that he was still in charge of KCM.However, a story attributed to Reuters says Mr Lungu in a letter dated March 17 and addressed to the KCM official receiver reported he had resigned, but did not give any reason for his decision.“This serves to inform you that I have with immediate effect resigned as provisional liquidator of Konkola Copper Mines,” read the letter, whose authenticity Mr Lungu confirmed to Reuters.It was not immediately clear what Mr Lungu’s […]
MILINGO LUNGU RESIGNS
