WHEN Tumfweko first exclusively unearthed some ‘dirty operations’ which were taking place at the Bank of Zambia (BoZ) months ago, others thought it was just hearsay.
The BOZ has now come out in ‘the open’ and officially announce the new company printing Zambian kwacha notes.
Giesecke and Devrient GmbH (G and D), a German firm, has been given a contract to print Zambia’s currency, the Kwacha, starting from last year running through 2012, the Bank of Zambia (BoZ) has disclosed without stating how much the company would be paid.
‘The company is the printers of all banknotes under the 2010- 2012 currency supply contracts’ said Bwalya Ng’andu, BOZ deputy governor.
This now means the contract with Thomas De La Rue previously the company that traditionally printed Zambia Kwacha, has come to an end.
The Central Bank failed to inform the public in the radical changes as to which company printed Zambian genuine money.
But Tumfweko understood that BoZ engaged a German company to print its money but failed to inform the Zambians on the changes.
Take a good look at your Kwacha note.
Is the name of the Company Dela Rue or something else? Look at the old note say a K20,000 and also the new K50,000 look at the names that have made the note, Is it Dela Rue or what do you see there?
Tumfweko observed the brand new notes were in circulation massively between 15 August, 2011 and 20 September, 2011. The other observation was that the governor’s signature is the same on all notes which confirms that the previous government and governor did the engagement.
READ Revelations on http://tumfweko.com/2011/10/11/bank-of-zambia-boz-dirty-operations-exposed/
Maxwell
November 30, 2011 at 10:42 pm
Too much monopoly money in circulation now wonder the previous government ha so much during campaigning, these is just appalling, MMD does not deserve another look in dirty f$^kers
Maxwell
November 30, 2011 at 10:46 pm
Too much monopoly money in circulation know wonder the previous government had so much money during campaigning, this is just appalling, MMD does not deserve another look in dirty f$^kers. They didn’t care about anybody including that BOZ foolish governor; why are people not being arrest yet?? WHY??
Origin Zambian
December 1, 2011 at 12:12 am
Bwalya Ng’andu failed to perform at DBZ is now running BOZ. Zambia in retrogressive gear.
shamen white
December 1, 2011 at 1:10 am
thank GOD that BOZ governer was fired,God knows how many billions he printed for himself to last him a life time,while us ordinary people are suffering,i hope all those top people that have participated in this rot in hell.
umufyashi
December 1, 2011 at 11:54 am
I strongly
Believe BaMMD have sold Zambia, the next thing we ill hear is that all pipo who live in Zambia shud find somewhere else to live
Brenda
December 1, 2011 at 12:15 pm
people wat more proof do u need for plunder than some one burrying 2.1billion at his farm…these people printed lots of cash, shared it but then had no whre to take it and so burried it…nothing stays hidden under the sun…bapya bakawalala….they r toast! I knw for a fact Liato was not the only one…the other culprits better start swallowing tht cash before the law catches up with them…sata is just the man to clean up zambia…its been made filthy by corrupt Govt….god help us.
wambuto
December 1, 2011 at 12:33 pm
I think maybe the government should consider changing the currence sothat these thieves are caught naping.
Charlie
December 1, 2011 at 12:41 pm
One can just imgine what would have become of this nation and us the people living in it had these ba(Mwalya Mweka Daddy)gone through.They would have auctioned us and to the highest bidder.If abena Liato,a mere minister could bury tht kind of bucks,what more ba mwine,akulu mutu na mpuno!!!!
Awe Lesa atwafwe!!!
Hiyonono
December 1, 2011 at 5:03 pm
Part of the printed money was burried at some farm. This man made a mistake. Instead of planting seed, he planted money. As first offender sentence him only to 20 year with extra hard labour. Use the money to fund some Agric institutions as many will continue to plant money due to igniorance instead of planting seed.
DESERT SPRING
December 2, 2011 at 5:08 pm
what is wrong with changing to a new contractor
kibuye wa kosama
December 3, 2011 at 5:21 am
it is probably, the right time to change the note so that the likes of Liato can be caught napping! in fact, it time to knock off some Zeros so we can come up with reasonable notes.50Pin should be 5Pin and we should re-introduce the coins.
Bwana President, oppoint a commission to see the feasibility of notes change.it has happenned somewhere and i feel it can happen in Zed. i am not an economist but i believe it can be done.use your mussle mr pres.
Art
November 21, 2012 at 8:14 am
Posted on Hey Victor ~So glad you found this page helpful. Keep us psteod on how greening your production goes. Yes, banding together with other green filmmakers is vital. GREEN POWER!
messsi
December 7, 2011 at 8:16 am
no gorrila face on our currency….
SHUSHUSHU
December 7, 2011 at 9:08 am
LETS WAIT N SEE HW DE BANK WILL PERFORM NW.
Amadoda
December 7, 2011 at 4:36 pm
No wonder the movement for mad dogs wanted to do anything possible to stay in power!!!Bamukukulu bonse mwebakwete these dirty monies mwanya baisa ba BOMA.Let all those mwansa kabingas rot in jail because we have been toiling all our life time for nothing and yet they have been busy enriching themselves in such a short space of time they were in power.Lord knows how much more plunder this country would have suffered if they had continued to lead this country.Thank God for delivering us from these bakabolala munshibila nsala,bamulila kulepuka….
Namutekenya
December 7, 2011 at 6:23 pm
Hey Giesecke and Devrient GmbH (G and D)have been mentioned but what about Sabin?
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