(LUSAKATIMES) Aaron Chungu accuse BOZ of gross financial mismanagement in the liquidation of the Access Financial Services
Aaron Chungu accuse BOZ of gross financial mismanagement in the liquidation of the Access Financial ServicesTIME PUBLISHED - Monday, May 28, 2012, 10:37 pm
Former Access Financial Services Limited (AFSL Director Aaron Chungu has revealed alleged gross financial mismanagement in the liquidation of DEFUNCT Access Financial Services Limited.
Speaking today at a press briefing in Lusaka Mr. Chungu disclosed that the Central Bank has in the last nine years of managing the financial institution failed to pay tax in excess of one billion kwacha.
Mr. Chungu further said that about one point five billion Kwacha was also paid to two employees who testified against him and his co-accused in the corruption case in the magistrate court.
He has also charged that huge salaries and administration payments in excess of twelve billion Kwacha were unjustly paid despite BOZ claiming that the financial institution was insolvent.
MUVITV
Labels: AARON CHUNGU, ACCESS FINANCIAL SERVICES, BOZ, CORRUPTION
posted by MrK @ 12:03 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home