Wednesday, January 04, 2012

(LUSAKATIMES) Probe all former leaders-Musokotwane

Probe all former leaders-Musokotwane
TIME PUBLISHED - Wednesday, January 4, 2012, 9:51 am

FORMER Finance and National Planning Minister Situmbeko Musokotwane says he supports the idea of probing all former leaders.

Dr Musokotwane said at a press briefing in Lusaka yesterday that he supports President Sata’s fight against corruption, which he feels will provide an opportunity to establish if any of the MMD former leaders misconducted themselves.

“I welcome the setting up of commissions of inquiry. I am confident they will explain the process of valuing a company and some of us will be cleared,” Dr Musokotwane said.

He said the MMD is proud of its record in privatising some parastatal companies which he said was efficient.

He said Zamtel would have sunk if Government had not taken the decision to sell the telecommunications company.

“Those who are saying the company was sold for less do not know what they are saying,” he said.

Dr Musokotwane said he expects the commission on Zamtel to explain what is involved in valuing a company. Zamtel presently has about 700 workers down from about 3,000 before privatisation.

[Zambia Daily Mail]

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