Maravi

(LUSAKATIMES) Government writes to UN over Zamtel

Government writes to UN over Zamtel
Thursday, March 24, 2011, 14:43

Government has engaged the United Nations to seek clarification on whether the UN Security Council’s resolutions on Libya have an effect on LAP Green’s investment in Zamtel.

The UN Security council has passed a resolution to freeze asserts which are owned by individuals in the government of Libya following the uprising in the North African country. Lap Green which holds 75 percent in Zamtel is owned by the government of Libya.

Finance and National Planning Minister Situmbeko Musokotwane has told parliament that the Ministry of Foreign Affairs has already gotten in touch with the UN on the way forward.

Dr Musokotwane says government will ensure that operations at Zamtel continue, pending response from the UN.

He says the objective of the UN Security Council resolution aim at blocking monies that may be remitted to support the violence against Libyan civilians.

He points out that Zambia has taken the stand because it wants to fully comply with the UN resolution

ZNBC

Labels: PRIVATISATION, SITUMBEKO MUSOKOTWANE, ZAMTEL

posted by MrK @ 6:24 PM