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THANDIWE Banda Is Worth Over K 8 Billion
Former First Lady, Thandiwe Banda is worth over K8 Billion, Tumfweko understands.
Thandiwe, had drastically acquired and owned major property ranging from houses, expensive vehicles, buildings and lodges.
Sources disclosed that the property which is in excess of K5 Billion is not even in Zambia but has been invested in neighboring countries mainly in Malawi.
The source disclosed that Thandiwe’s fast acquired her property within the three years her husband Rupiah Banda was republican President.
The source further disclosed that apparently, she bought a lavish and luxurious Hotel in Tanzania at $1.2 Million and in Lusaka, Mpundu Trust Flats in woodlands being part of the many properties she owns.
‘As you get in Chipata town, there is a nice Hotel being owned by Thandiwe. It is amazing how money pops up in a short while and own such huge property,” said the source.
Thandiwe, a teacher by profession, once played as a ‘ghost worker’ when she was still first lady.
In 2009, President Sata said he had in his possession Thandiwe’s pay-slip dated July 9, 2009.
“People are so upset about what is going on in Zambia, and this morning they wanted to embarrass the President more because they think you politicians are not doing enough. They sent me a pay slip for his wife [RB's Wife, Thandiwe], who is still getting pay as a teacher. This came from Ministry of Education this morning,” Sata said.
“This pay slip is dated 9th July 2009, and this is Chipata District, Nyakutwa Middle Basic School, Nyakutuwa. And the beneficiary is madam Thandiwe Chilongo Banda. Now that is how people are frustrated.”
Some details on the pay slip indicated that Thandiwe was still considered an active full time employee and received a net salary of K1,541,892.74 for July, 2009. The employee No. is 11801 while the NRC No. 464544/52/1.
Posted by Editor
on October 15, 2011. Filed under HEADLINES, LATEST NEWS.
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sgirl
November 19, 2011 at 12:16 pm
zo ona yaba..ala pipo r really selfish…anyway lesa fye e wishibe
Lika
November 21, 2011 at 5:20 pm
RUMOURS RUMOURS RUMOURS! Get real and do your investgations right!
Bwalya
November 21, 2011 at 10:56 pm
There is no smock without fire. These pipo were running the country like their little farm in Chipata. Will get our money back,every single cent and lock Tandi and her mudala up!
Lundazi Dweller
November 22, 2011 at 10:50 am
Can you please mention the name of the lodge in Chipata. Because I think I know about the owners of all the nice lodges in Chipata. Its a very small town its not difficult to know who owns what. Unfortunately Iam unable again as with most allegations on the family of the former president to support the allegation because the story is devoid of details. If I was in Thandiwe’s shoes I would have been worth more than the said K8 billion without even being corrupt. All one needs in life is an opprtunity and boom the cash starts rolling in. You don’t always have to be crooked to be wealthy. The only thing you can charge such people with is having an unfair business advantage but Iam not sure which law is against that.
DOLLAR BILLS
November 22, 2011 at 4:20 pm
MAMAMAMAMAMAMAMAMAMAMAMAMAMA BAT ZOONA EBU PUPU UBU
Ghost User
November 22, 2011 at 9:38 pm
Sounds like a Junk to me, where do you get them stories anyway
Ghost User
November 22, 2011 at 9:41 pm
Sounds like Junk to me, where do you get them stories anyway
Aminspired
December 6, 2011 at 10:44 am
WELL DONE,ITS GUD THAT YOU HAD THAT OPPOTUNITY OF BEING A FIRST LADY AND MADE IT FOR YOURSELF,CHANCES LIKE THAT DONT COME TWICE,AM SURE EACH AND EVERY BODY WOULD DO THE SME IF THEY HAD A CHANCE TO DO SO.
Rupiah Banda and Sons
December 6, 2011 at 1:31 pm
Good news mum is this rich!!!! Report facts imwee not untill proven guilty by the courts of law.
Maxwell
December 6, 2011 at 3:04 pm
And still no muthf^&*( has been arrested so far, how can a someone acquire such wealth who is not even on a Presidential salary!!
Ndaitwala
December 6, 2011 at 4:42 pm
Uwauma nafyala omina limo
So Thandi you have made some money plan B leave the OLDMAN and get married to me.
Simon kunda
December 20, 2011 at 6:24 pm
Career changed. umuntu ni kafundisha chabe
Start Small Business
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