HEAVY Armed Police Officers CHASE ZAMTEL CEO Off The PREMISES As Gov’t FORMALLY Takes ZAMTEL Back

SOURCES within ZAMTEL headquarters in Lusaka have disclosed to Tumfweko that Lap GreenN Chief Executive Officer was this morning Tuesday 1/24 harassed by heavy armed Zambia Police officers.

The CEO was harassed as he was being chased out of his office by armed Police Officers.

The Police escorted Zamtel CEO and CFO off the premises.

Meanwhile, government having accepted without reservation the report on the findings of the Committee Investigating the sale of Zamtel, Zambian President, Michael Sata has deemed it desirable and expedient to compulsorily acquire the 75 per cent shareholding of Lap Green Network in Zamtel.

The appropriate notice under the law has been given.

Consequently, the President has ordered the dissolution of the Board of Directors of Zamtel. The Head of State has appointed Dr Mupanga Mwanakatwe, Chairman and acting Chief Executive Officer as a first step to regularize the affairs of the company.

A new board will soon be put in place to give the policy guidance and direction to management and staff. President Sata has further directed management to address the plight of Zamtel workers with due immediacy.

“There should be no loss in jobs except through retirement and attrition while maintaining the highest levels of discipline and respect of law,” President Sata said.

“Zamtel workers have served with distinction in an area of sophisticated information technology. This has been so from the inception of the company.”

President Sata once again reiterated his relentless commitment to his duty as custodian of the interests of the Zambian people and assured the Zamtel workers their traumas and anxieties would be ended.

Government will restructure ownership of Zamtel to ensure Zambians owned the bulk of the shares in a revitalized Zamtel.

This is according to a statement issued by GEORGE CHELLAH-SPECIAL ASSISTANT TO THE PRESIDENT PRESS AND PUBLIC RELATIONS

Posted by Editor on January 24, 2012. Filed under LATEST NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry