Wednesday, September 12, 2012

(LUSAKATIMES) We will reverse all corrupt MMD deals

We will reverse all corrupt MMD deals
TIME PUBLISHED - Tuesday, September 11, 2012, 10:42 am

Justice Minister Wynter Kabimba has vowed that the PF government will reverse all corruption tainted investment deals entered into by the previous MMD administration.

Mr. Kabimba said President Michael Sata’s government will not shy away from repossessing all previous state firms that were corruptly sold off by the MMD government.He said the PF government will leave no stone unturned when it comes to fighting corruption.

He also warned foreign investors that the government is not interested in those who come to Zambia to engage in acts of corruption. Mr. Kabimba said the PF government was elected to serve the interest of Zambians and not to serve the interest of foreign elements.

“One of the things that we made fundamentally clear during our campaign was that we were going to fight corruption and that, in fighting corruption, any transaction that was entered into by the previous [government], which was tainted with corruption to the detriment of the interest of the Zambian people,” Mr. Kabimba said.

“We shall reverse that transaction because it is not the job of any government to engage in acts of corruption against its own people.”

Finance Minister Alexander Chikwanda yesterday announced the Zambian Governments’ decision to compulsorily acquire the Concession Rights that were granted to the Railway Systems of Zambia in 2003.

He said the acquisition has been necessitated by mismanagement of Zambia Railways infrastructure and rolling stock, leading to deterioration of assets and resultant loss to the nation as a whole.

In a statement read on national television, Mr. Chikwanda affirmed that Government would ensure that it complied with the labour laws of Zambia in relation to the welfare of RSZ employees and will meet the obligations in relation to suppliers, customers, and other stakeholders.

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