Privatisation Commission of Inquiry, coming soon- Lungu

Filed under: Breaking News,Politics |

President Edgar Lungu says a commission of inquiry to look into the privatisation of national assets will soon be instituted.

President Lungu says the topic has been on people’s minds for a long time hence the need to be put to rest.

He says it is time for those who might have misconducted themselves during the privatisation process to answer for their actions.

The President said this at State House when he received a petition from a group of students and civil society organization’s on behalf of forty thousand petitioners.

President Lungu said the law allows him to set up an inquiry without consulting anyone.

The national broadcaster, ZNBC also reports that Lungu said he will however consult so that experts can advise on terms of reference.

The Head of State commended the students who were in attendance for their patriotism.

Speaking on behalf of students, Evelyn Hone College Student Union President Namwaka Malama said citizens feel that the country was betrayed by those who were given the opportunity to sell national assets during the privatisation process.

Malama said it is sad that a few individuals undervalued the state assets for their personal benefit.

She said this issue has been coming up for years hence the need to be investigated.

And speaking at the same event, Young African Leaders Initiative President Andrew Ntewewe said the national assets were deliberately undervalued for selfish gain.

He said several people died because of privatisation.

Later, Ntewewe presented a petition with forty thousand signatures requesting the President to set up an inquiry.

Those who presented the petition include students from University of Zambia -UNZA, Copperbelt University -CBU, National Institute for Public Administration -NIPA and Civil society organisations. -ZNBC


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Start: 2019-07-01 End: 2019-07-31