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‘Nchito And Mmembe Should Definitely Pay Back 14 Billion Kwacha To The Zambian People / Tax Payers’
The 14 Billion Kwacha which Mr. Mutembo Nchito and Mr. Fred Mmemba borrowed from Development Bank of Zambia (DBZ) the time were active shareholders in a legal entity called Zambia Airways must be immediately paid back to DBZ, because this is money belongs to Zambians Tax Payers. It is money for the suffering Zambians.
This Funds is invested by the Zambian People at DBZ for National Interest, National Security, and National Infrastructure. The Zambia people have powers to controlled this funds, and they have rights to make checks and balances over this funds, because this Funds is not affiliated to any Political Party, NGO’s or a group of People. The People of Zambia have legal rights to demonstrate or protest if something goes wrong with their monies at DBZ.
However, Judge Mr. Nigel Mutuna who issued a judgment that ordered Director of Public Prosecutors Mr. M. Nchito and Post Owner Mr. F. Mmembe to pay back 14 Billion Kwacha loan the Owed the defunct Zambia Airways acted in accordance within the Rules of Laws of Zambia. It is the duty of Judiciary to maintained Law and Order, and to fights crimes against corruption, frauds and money laundry which has totally destroyed Our Nation pride for the past 21 years. People involved in such activities, should be either thrown in Prisons, or pay back the money to the People of Zambia because we have been left with no any option, and we have been victims of corruption for too long since 1991.
Prisons are built for everyone, not only for poor Zambians, but also for those selfishness thugs busy pocking tax payers money for their personal benefits. Although Our Judiciary System is too rotten, people of Zambia really one day needs to see equal justice applying to every person residing within Our territory. No one should be above the Law.
Moreover , Judge Mr. N. Mutuna’s Order was definitely right because it fails within the Rules of Laws of Zambia, or Bankruptcy Laws Network over disadvantages of Shareholders in some Cases of Companies Liquidation. In this Case, immediately Mr. M. Nchito and Mr. F. Mmemba became active shareholders in a legal entity called Zambia Airways (ZA) – automatically they inherits ZA debts, in times of Company Bankruptcy, Losses or Liquidation.
Therefore, the are no ways Nchito / Mmembe can come Out from this Case as this Issue is straight forwards, because as active shareholder they inherits all debts of ZR. They have just to pay back 14 Billion kwacha to DBZ, and to make the matter more worsen this money belongs to Zambia Tax Payers. And further more, Nchito has to resigned immediately as DPP to pave way for further investigations into this unpaid DBZ Loan which the defunct ZR acquired.
May GOD Bless Zambia, and Black People of the World.
Mr. Brown Chibale Kapika – BCK
President for Adedo Zamucano Political Party – Zambia www.adedo-zamucano.org
Secretary General for Civil and Human Rights Organisation – www.chro-int.org
President for Olympia Sports Promoters – www.olympia-sports.org
Posted by Admin
on May 23, 2012. Filed under LATEST NEWS.
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kibwela kasongo
May 23, 2012 at 8:02 am
I know that the duo meant well, but might have been forced into this situation by the former government closing up Zambian Airways which was the source of the money to enable Mr. Nchito and Mr. Mmembe to pay back the loan. The workers of that company are still owed four months salaries and other benefits.
Politics is destroying this nation and its time this came to an end. Who suffers in the end?…the grass. Please reverse this trend.
Livia
May 23, 2012 at 8:18 am
May I offer to intern with whoever writes these articles. My services are free. Your language is severely wrong. Your stories need a little editing before they are put up
Gc
May 23, 2012 at 8:22 am
Plz ,your english must improve ,which schools did you attend?
Ba woods 2010
May 23, 2012 at 8:26 am
@ BCK who told you that they failed to pay de money. Just wait, you want to create tension over de suspended judges ….any way justice wil prevail…. lets jst be patient enough.
The Voice
May 23, 2012 at 8:31 am
I can offer you people cheap English tutorials. Your Language is eating away at our intellectual pride.
Assesor
May 23, 2012 at 8:38 am
Please ensure to check the articles for spelling and grammah mistakes before publishing them. Further the writer of this article needs to be advised about the concept of limited liabilty for companies. Unless of course the shareholders of Zambian Airways fraudulently obtained monies from DBZ, the liability of shareholders is limited only to the extent of unpaid liability of the shares they hold. As for the Directors they are only personnally liable if, at the time of obtaining the loan from DBZ, they knew or ought to have known that ZA was insolvent and would not be able to repay the loan in the normal course of business. DBZ lent out the monies in the normal course of business i suppose. Someone should clarify these matters lest we debate on matters we have limited information on.
sagah
May 23, 2012 at 8:43 am
TUMFWEKO TOTAL RUBBISH, THE PRESIDENT SHOULD ACT, KANO NGA CHABAKUMYA, WHERE ARE THE TEN COMMANDMENTS!!! WE WERE TOLD THEY WILL BE APPLIED IF ANYTHING THEY ARE ALREADY APPLIED ON ALL THE ACTIVITIES OR SUGGESTIONS.
PROVE THEM, IF SO, WHY ALLOW INSULTS ON OTHER POLITICAL LEADERS!!!!!!!!!!!!!!!! GOD DOES NOT SLEEP NOR FORGET, HE IS WATCHING- EVERY DOG HAS ITS OWN DAY.
Kedo
May 23, 2012 at 8:50 am
Ka bugger pliz. Check your articles for spellings and grammer before posting them ba koswe, ala!!! Which community school taught u such rubbish?
ven
May 23, 2012 at 8:50 am
Manje aya ma articles BA gili imwe wat type of English is this kanshi BA qyadanyo. Imwe?
Mcm
May 23, 2012 at 9:05 am
@BCK they did nt borow the money for food but for busness so as long as the company is polically closed for no reason they should not pay regardless of who they owe. ZA should have bn helpd to stand and nt clossing thats lesson to poor politics by MMD, dnt forget that ZA was a limited company with limited liabities so before closing it one should have thought well than hiding in the corrupt judicially. My advice is give them back ZA and force them to pay back 14bn according to the agreement.
Judge Mutuna
May 23, 2012 at 9:15 am
First of all, I would like to praise you for the courage of writing this well thought article. A big pat on your back. The content, logic and flow is great. However, their are a few gramatical mistakes which could have been polished by reading through before submitting.
Thanks for being one of the Zambians who has put politics aside in order to fight for what belongs to the pipo. These guys need to pay back. Sata needs to talk about the 14billion. DPP must go.
SOLWEZI BOY
May 23, 2012 at 9:22 am
PLZ LOOK AT THE POINT IN THIS ARTICLE AND NOT THE GRAMMAR COZ GRAMMAR IS VERY TRIVIAL TO THE MESSAGE WHICH WE MUST APPPRICIATE. THE 2 MEN MUST PAY BACK AND MUTEMBO MUST RESIGN THEN FRED MUST NOT USE POLITICAL WEAKNESS FOR SURVIVAL . AND WE HOPE IT IS NOT VENGENCE TO HIS LORDSHIP MUTUNA BY THE DPP.
One Vlado!
May 23, 2012 at 9:29 am
Awe, is english that difficult that someone can write this rubbish? Your poor usage of english has made me lose appetite.
Wantanshi
May 23, 2012 at 9:29 am
At least I was entertained by the comedy in the so called article! You would think in this day where computers are equipped with spell checkers an editor would ensure the articles they publish are well presented. I wonder why they rush to submit such idiotic material. If my kid came to me with the nonsense above I would definitely crucify her/him.
There’s no pride in what Tumfweko does.
VILLAGER
May 23, 2012 at 9:40 am
SATA ON TEST
AGAIN. BOTH MEN ARE HIS BOYZ AND THE 14 BILLION IF PAID BACK COULD BE USED TO CLEAR MANY RETARIES EVEN EMPLOY ADDITIONAL 3000 TEACHERS FOR BETTERMENT OF THE COUNTRY . BA DPP LEAD BY EXAMPLE.
Kajimanga
May 23, 2012 at 9:48 am
Mmembe and the coleague got that money for business and their business was closed for political reasons. so no one should force them to pay. First let the business reopen nad make money and later they will be able to pay. the debt is not cancelled so stop this bragadosio
tswana
May 23, 2012 at 9:54 am
Despite the article having grammetical errors it is a food for thought. The President should stop sheilding the people who gave him political leverage to presidency. Mr. Nchito and Mr. Meemba must pay back what belongs to Zambians.what ever the out come from the tribunal we will not rest until the duo pay back. Zambia is not there fathers farm.
tswana
May 23, 2012 at 9:56 am
Despite the article having grammetical errors it is a food for thought. The President should stop sheilding the people who gave him political leverage to presidency. Mr. Nchito and Mr. Meemba must pay back what belongs to Zambians.what ever the out come from the tribunal we will not rest until the duo pay back. Zambia is not there fathers farm.Ba kolwe
Sniper
May 23, 2012 at 10:08 am
Pay back period z painful!
Tupac
May 23, 2012 at 10:27 am
Mazambians mukonda kuoneramo banzanu monga ndimwe muziba chizungu.’English has no master’.RB accused the post to have stolen the same money from zambians but he failed to prove himself right why?Coz he had no evidence.So iwe weulembele iyi story careful nofyo ulelanda kembo.
mosquito
May 23, 2012 at 10:51 am
Gramma iliko bad, get organised ba tumfweko and edit your stuff.
sobongo kibinda waba kabwa
May 23, 2012 at 11:12 am
GUD C0NTENT BA TUMFWEKO,ITS NOT ABOUT CONDEMNING U.ITS JUST AN OBSERVATION THAT WHEN U WRITE NEWS 4 PUBLIC CONSUMPTION,SOMEONE MUST BE ABLE TO GO THRU(EDIT) EN REMOVE THE UNNECESSARY ERRORS AND NOT SUBJECT THE PUBLIC TO START EDITING WHAT U HAVE WRITTEN.
Popi
May 23, 2012 at 11:26 am
IF WE HAVE TO DRUG THE OFFICE OF PRESIDENCY INTO COMMERCIAL LEGAL DISPUTES THEN ZAMBIANS ARE REAL JOOKERS AND OUR DEMOCRACY IS TRULY ABUSING US OR VICE VERSA. I HAVE NEVER HEARD ANYWHERE IN THE WORLD WHERE OFFICIALS MUST RESIGN BECAUSE AN UNPAID LOAN. THE CALLS FOR SOME PEOPLE TO RESIGN OVER THIS MATTER ARE A MISPLACEMENT OF OUR RIGHTS AND OUR SINCERE ABILITY TO JUDGE THINGS CORRECTLY. THE 14 BILLION WAS NOT STOLLEN BY ANYONE, IT WAS GOTTEN ON LOAN…..
Umusambashi
May 23, 2012 at 11:31 am
Did this loan attract any form of collateral? What were the conditions???? Who was the approving officer responsible on this case(as rep for DBZ)???? I think this case lacks a lot of facts. Will wait and see…
zakky
May 23, 2012 at 11:52 am
I REALLY AGREE WITH UMUSAMBASHI THAT WE NEED TO WAIT UNTIL THE COLLATERAL IS SOURCED OTHERWISE WE ARE JUST JOKING AND DO NOT KNOW WHAT WE ARE TALKING,PLEASE HELP US WITH THE FACTS ON THE CONDITIONS AND COLLATERAL!
real
May 23, 2012 at 12:03 pm
Whatever justification the assessor and others are trying to put across, it is not working the 14 billion debt must be paid without fail, its painful for the tax payer to be told theories. We will make sure the money is paid back finish.
asdfegfxvg
May 23, 2012 at 12:10 pm
Ok I started reading this article but the english just made me feel lazy! Very unprofessional. Vizungu vika vuta write in vernacular..
Witty
May 23, 2012 at 12:31 pm
Very good article and excellent english.Keep it up TUMFWEKO…!
MULUNGUAZAWELUZA
May 23, 2012 at 12:31 pm
no jails 4 da rich in zed let them enjoy da loan 4rm the poor taxpayer who hav no voice nd can never be heard chanikalipa cha LIATO politics fyabupuba
Chanda chiimba 111
May 23, 2012 at 1:09 pm
Whether English broken or mispelt,,, Mmembe must pay that 14bn, while Mutembo Must reign if he has integrity!!!
bakabwalalala…you will never walk tall again.
Carolina Rodriguez
May 23, 2012 at 1:30 pm
Take me on vacation anyone before and after I get married. sex with no strings attached
please! Lots of love Carolina Rodriguez, Liaison Officer/Slutty Protocol assistant at the High Commission of the republic of Zambia in Ottawa, Canada. I like really rich men only. I got surgical great perky boobs, tattoo on my hip, tattoo on left wrist, pierced clit. Come and get me!
thank you and keep inviting me to luxury hotels for personal services
Carolina Rodriguez
May 23, 2012 at 1:30 pm
iye lazy men, u’re that type who just talk but can’t act. men r weak wen it cums to sex. by the tym u’re f***g her ninshi u didnt evn no abt her piercin.utha wise men r weak piercin or not. u’d find it very hot & s*xy i promise. wiponta ukabwela
Anonymous
May 23, 2012 at 2:15 pm
rodriquez matako yose. ninsala? chachichepe chakulya?
Boogie
May 23, 2012 at 4:27 pm
The article has been poorly written.I could not even finish reading it because of the many grammatical errors that it has. I used to write better english than this when i was in my fifth grade. Ba Tumfweko; please improve with your writing skills.
Mukuni
May 23, 2012 at 5:05 pm
Ba tumfweko akabwana, Chansoni sana! Shame.
True bantustans
May 23, 2012 at 5:17 pm
I love and admire Mmembe but am not sure if he can accept me.I nid a relationship with him.
janet c
May 23, 2012 at 6:58 pm
There may well be more to this story than we the public are aware of…..if Mmembe and Nchito legitimately owe the bank money, they should pay it back. But as i said, MMD may have put un-due pressure and intefered in this case, hence the complexity
razmole
May 23, 2012 at 8:09 pm
grammer!! please! my eyes are bleeding
kakolwe
May 24, 2012 at 5:13 am
If the case is as presented by the grammatically challenged writer, then I shudder at the intelligence of you Zambians. Simple book keeping at form 1 or grade 8 will show you that capital & proprietor are seperate. In fact if you follow this case closely, you will find that its the mmd govt which may have a question to answer. ZA was not in liquidation nor was it bankrupt. Tekantemba iyoo! Peepe!
kakolwe
May 24, 2012 at 5:29 am
Why was ZA shut down when it was active & had just acquired new aircraft?
What collateral did DBZ ask for on giving out the loan?
What stopped DBZ from seizing the ZA assets on failure to pay?
Can I, a layman with only 2 chickens & a bicycle at my village access a K5m loan from DBZ?
When such questions are answered, you’ll find that RB & assotiates didcnot act intelligently. And pipo will know that silly political decisions will cost tax payers’ money.
kakolwe
May 24, 2012 at 5:35 am
RB and his gang considered the K14bn as collateral damage as far as they fixed Nchito & his team. But it is soon to backfire!
buntusan
May 24, 2012 at 8:25 am
Imwe the author is raking iSkuru he needs 2 be taken 2 nyte skuru tanyatapo ukuru mukrass ADEDO zamukao this bally is a joker he reminds of the time he featured on the HOT seat program on hot 87.7fm!!!!!!!!
Ba Mighty
May 24, 2012 at 5:13 pm
We wont rest until the law takes its course as it as taken to mr Liato and others.If the chief justice resigns even mr M Nchito SHOULD FOLLOW SUITE to pave way for investigation.Mr Membe too should be investigated.
WE ARE WATCHING,ANALYSING AND CONCLUDING.
Mighty foerever!!!!!!!