Maravi

(LUSAKATIMES) President Sata urged to probe all privatized firms

COMMENT - It will be like Zimbabwe. The cry of crooks around the world. If the privatisations cannot handle exposure, they should be cancelled and the individuals involved prosecuted in a court of law.

President Sata urged to probe all privatized firms
TIME PUBLISHED - Tuesday, January 31, 2012, 9:20 am

President Sata has been challenged to probe all privatized firms in the country. President Sata recently instituted a commission of inquiry to probe the sale of Zanaco.

Political analyst, Sunday Chanda says the president should depart from selective approach of probing the privatized companies. He has also challenged President Sata to publicize the findings of the commission of Inquiry in to the sale of Finance Bank.

Mr. Chanda claims that the path taken by the PF led government is similar to Zimbabwe’s nationalization program. He has expressed fears saying the trend if let to go on will be costly and plunge the national economy into chaos.

MUVITV

Labels: CORRUPTION, MICHAEL SATA, PRIVATISATION

posted by MrK @ 3:01 PM