You will be jailed-Nawakwi warns

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You will be jailed-Nawakwi warns

THOSE involved in the irregular Mopani and Konkola Copper Mine (KCM) transactions would be jailed for entering into agreements that were not in the interest of the nation, FDD president Edith Nawakwi has warned.

“Look at KCM where Vedanta is selling shares to raise capital, this could have been done by the government to safeguard the national interest,” she said.

But Mr Kabuswe said there was nothing wrong with Vedanta Resources selling shares in KCM as long as it is done within the confinement of the laws of Zambia https://epaper.dailynationzambia.com/

6 COMMENTS

  1. When you have this kind of foolishness. So Vandenta can not sell its interest to whoever it likes after following the law?
    Nawakwi, were you not in MMD as Minister when we all agreed that “market forces” is the policy we want? Now market forces are telling you what the value of Vendanta shares are worth you want to say its not on the national interest. Buy them if you have the money.
    What a petty vile and short sighted person you are. Those shares are owned by Vendatant. They can do what they want with them. Did your case of ownership fail in the Courts? We need leaders that think not empty vessels that make noise because someone has given a brown envelopes and say they are running a party.

  2. What is happening at Mopani Copper Mines PLC and Konkola Copper Mines PLC will definitely land some people in Jail.
    These Transactions are not above board…They stink and the overpowering stench is too much.
    People told Hakainde and empty Head Kabuswe that Criminal Argawal had no capacity to run KCM Plc. The man was hugely in debt , and the creditors had fore closed on his huge debt in 2019 which contributed to the Liquidation of KCM.. They never listened and procrastinated for 2 years, unexplained inertia , so as to present a zero option situation for KCM …No wonder Dolika Banda resigned as ZCCM-IH Chair. She couldn’t be part of the useless scams we are seeing.
    They sugar coated the KCM deal..and lied to the nation that Criminal Argawal was going to invest $1.5Billion , pay Suppliers and Contractors, and increase Miners Salaries by K2,000.00. They organised fake NGOs to demonstrate claiming the people of Chingola wanted Criminal Argawal back. All these were just schemes by Hakainde to give the UPND’s
    alleged sponsor back the mine.. What story does Hakainde now has for the people of Chingola and Zambia as a whole ? Is this the revival of the Copper belt he was talking about??
    Criminal Argawal is now giving an illegal buyer of Mopani Copper Mines, IHR, 51 percent Shareholding , Compounding the more on the illegalities… It is Mess after Mess.. when this same IHR hasn’t even paid for the 51% shareholding he has illegaly been given… pledging to do so through capital investments in future! Even the promised K2000 salary increment promised for the workers has now become K600. Zambia Twasebana.
    Can someone summon this empty Head Kabuswe to Parliament so that he explains what is going on with these two mines, on the floor of the house.

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