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Sata Challenged To Explain The Sale Of Finance Bank
The Federation of Free Trade Unions of Zambia (FFTUZ) has appealed to republican President Michael Sata to explain to the nation what transpired in the sale of Finance bank.
FFTUZ National Executive Secretary Lyson Mando says it is pleasing that President Sata has given back the bank to the rightful owners who are indigenous owners as workers will have their jobs secured.
Mr. Mando has however noted that it is not enough for the President to reverse the sale of the bank but that he should go a step further and explain what was noted during the research that was conducted.
Speaking with QFM, Mr. Mando says the people of Zambia do not just want to know the current status of the bank.
The FFTUZ national executive secretary says Finance bank has for a long time been a victim of political manipulation and wonders what exactly the cause is.
Mr. Mando says for the president to give back the bank to the rightful owners, it is an implication that he has information to believe that the owners of the bank were ill-treated.
Posted by
KAMENGA D
October 4, 2011 at 10:01 am
ITS TRUE WE NEED TO KNOW SO THAT THIEVES CAN BE PROSECUTED,THAT’S NOT ENOUGH MR PRESIDENT GIVE US THE DETAILS.
TUCHILI TULE BEBA
October 4, 2011 at 10:17 am
For real we need more details….
peter
October 4, 2011 at 10:22 am
Yes more details are needed. we cant live kwati ni pa katamba. zambians deserve to know what is going on. this is our country and our only nation. Give us full details. Nomba KUBEBA IFISHIKA. JOB WELL MR. SATA
The7thsyn
October 4, 2011 at 10:24 am
For $ 5 mill… not much explaining to do its was naive of First Rand to think it was a clean above board deal. More pressing issues linger so we move on.
Tobo Mutwe
October 4, 2011 at 10:25 am
The reversal is welcome. However, we need more ‘meat’ to be added to finance bank ‘skeleton’. More over, it has just taken 3 days since an inquiry was started before H.E MCS gave the directive. Surely, he has more finance bank ‘meat’ in his hands. Shall we share it so that all of us are satisfied.
HH watch yo steps boy this1 now that u want 2stat skampalin l wil personally kwapula you.ZWANGENDA..Chipata..
October 4, 2011 at 11:14 am
HH beta u watch yo steps boy,this1 now that u want 2start skampaling around l wil personally kwapula you therafta giv u D’lite bcoz u too noizy wen cryin..ZWANGENDABA
Enock
October 4, 2011 at 12:19 pm
So u mean Dr Mathani’s heart attack was as a result of Finance Bank selling? What a powerful medicine mr president has prescribed for Dr Mathani. Has he already taken the dosage of operation.
uncircumcised William
October 4, 2011 at 12:22 pm
Good concern but u chaps were the first ones to accept the sale of FBZ……. its only the issue of workers that kept u awake?? as a union u shud have opposed that illegality
Jerusalem
October 4, 2011 at 12:58 pm
You heard the president saying there was not documentation.What more do you want to know.Ask MMD and RB.What happened.
nevermind
October 4, 2011 at 1:34 pm
and if it is indeed true that the Banda boys had their little dirty hands in it, may we see some justice please His Excellency….thanking you!
SEKO PONOKE
October 4, 2011 at 2:39 pm
BEBENI NOMBA. WAPYA BAISA!!!!!
collinz ngalande
October 4, 2011 at 3:04 pm
for those of you who are asking the president to explain to you in detail,pliz shut up and do us fever by asking these minions the so-called UNIONS who should have explained to the zambians long before when the deal was in the process..Give a break to ANGEL MICHEAL as is firing these pipo..GO GO!!..MR PRESIDENT WE ARE BEHIND YOU…
Mega Mind Gray
October 4, 2011 at 5:29 pm
How do you sell a or accept to buy a bank with a second highest number of branches in Zambia for a song? Less than $5m??? Surely this is pure work of corruption and we demand all those involved in must see the inside of prison!!!
Don,Pc na Joefresh
October 4, 2011 at 7:43 pm
iwe koswe,ati chalenge sata 2xplain th dtailz.y?ewashitishe.kepushe koswe rupili banda kaili pungwa ewagoleke!
Uncle Dee
October 5, 2011 at 7:56 am
The bank was stolen from Dr Mathani. There is no logical explanation as to what transpired with the so called sale of FBZ. Even the purpoted buyers are crooks. It is they,the buyers, who need to explain to the nation as to how they bought our bank and what they bought from Rupiah and his crooked Fundanga. watch them carefully.
uncle Dee
mwanya nshamyebe
October 5, 2011 at 1:44 pm
why didnt they ask rb and caleb when they were selling?