ZANACO has entered into a consent judgement with former Malole Independent MP Emmanuel Munaile, agreeing to receive K423,419.45 in a matter where the bank sued him over an outstanding balance on a personal loan. In a consent judgement endorsed by High Court Judge Bonaventure Mbewe, the parties agreed that Munaile would repay the K423,419.45 outstanding debt in monthly instalments of K10,000. “It is hereby agreed and adjudged that judgement be and is hereby entered in favour of the plaintiff (ZANACO) on the following terms: that the defendant (Munaile) is indebted to the plaintiff in the sum of K423,419.45 as per the loan statement of June 6, 2024. That the defendant does not dispute the amount being claimed by the plaintiff...

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