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Friday, December 16, 2011

(LUSAKATIMES) BOZ does not owe Musokotwane any benefits-Mayondi

BOZ does not owe Musokotwane any benefits-Mayondi
TIME PUBLISHED - Thursday, December 15, 2011, 9:10 am

Bank of Zambia has said that it was unaware of any retirement benefits due to the former Minister of Finance and National Planning, Situmbeko Musokotwane. This is according to BoZ head of public relations Kanguya Mayondi.

This follows allegations by President Sata recently that Dr Musokotwane was receiving two salaries after he left the bank to become secretary to the treasury and later economic advisor at State House.

Dr Musokotwane said when he was hired as a consultant by the bank to provide certain services, he did not get any remuneration from Government as an economic advisor at State House.

He challenged Government to countercheck the payrolls at the bank and Government to verify if at one point he got double salaries.

It was alleged that Dr Musokotwane stands to pocket up to several billions in retirement packages from the government through the Bank of Zambia (BoZ) where he once served as a deputy governor.

But the bank, in a response to a press query, yesterday stated that it does not owe Dr Musokotwane any benefits.

“The Bank of Zambia wishes to state that it is not aware of any payments which are due to the former Minister of Finance and National Planning, Dr Situmbeko Musokotwane.

“The Bank of Zambia further wishes to urge you to contact Dr Musokotwane directly for any further information,” Mr Mayondi said.

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