Saturday, October 15, 2011

(TUMFWEKO) THANDIWE Banda Is Worth Over K 8 Billion

THANDIWE Banda Is Worth Over K 8 Billion

Former First Lady, Thandiwe Banda is worth over K8 Billion, Tumfweko understands. Thandiwe, had drastically acquired and owned major property ranging from houses, expensive vehicles, buildings and lodges.

Sources disclosed that the property which is in excess of K5 Billion is not even in Zambia but has been invested in neighboring countries mainly in Malawi. The source disclosed that Thandiwe’s fast acquired her property within the three years her husband Rupiah Banda was republican President.

The source further disclosed that apparently, she bought a lavish and luxurious Hotel in Tanzania at $1.2 Million and in Lusaka, Mpundu Trust Flats in woodlands being part of the many properties she owns.

‘As you get in Chipata town, there is a nice Hotel being owned by Thandiwe. It is amazing how money pops up in a short while and own such huge property,” said the source.

Thandiwe, a teacher by profession, once played as a ‘ghost worker’ when she was still first lady.

In 2009, President Sata said he had in his possession Thandiwe’s pay-slip dated July 9, 2009.

“People are so upset about what is going on in Zambia, and this morning they wanted to embarrass the President more because they think you politicians are not doing enough. They sent me a pay slip for his wife [RB's Wife, Thandiwe], who is still getting pay as a teacher. This came from Ministry of Education this morning,” Sata said.

“This pay slip is dated 9th July 2009, and this is Chipata District, Nyakutwa Middle Basic School, Nyakutuwa. And the beneficiary is madam Thandiwe Chilongo Banda. Now that is how people are frustrated.”

Some details on the pay slip indicated that Thandiwe was still considered an active full time employee and received a net salary of K1,541,892.74 for July, 2009. The employee No. is 11801 while the NRC No. 464544/52/1.

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At 8:01 AM , Anonymous Anonymous said...

Bakabwalala pipo r suffering busy stealin tht aint fair ala lesa akamipanika,the government has to do sumthng

At 5:12 PM , Anonymous Anonymous said...

Everybody wants to gey rich at the end of the day n every one works hard to get rich bt becomin rich at the expense of other pipo is like sacrifising the dreams of the next.pleas change mwandini...for the better of your own country.

At 1:33 PM , Anonymous Eshu said...

can the current government please do something. Just tells why Thandiwe married a man old enough enough to be her grandfather. Shame on this young gold digger.

At 7:18 PM , Anonymous Anonymous said...

There young diggers indeed just for money god will punish u


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