NKANA Independent MP Binwell Mpundu says Finance Minister Situmbeko Musokotwane is not being sincere by suggesting that Zescoās $80 million payment to Exim Bank of China was a normal transaction, when his Secretary to the Treasury said the opposite. On Tuesday, Dr Musokotwane said that Zescoās $80 million payment was made in full conformity of the agreement guiding the firmās loan from Exim Bank of China for the construction of the Kafue Gorge Lower Power Station. But recently, Secretary to the Treasury Felix Nkulukusa said government had asked Exim Bank of China to treat Zescoās $80m pay as advance debt payment. Nkukulusa informed the nation that Zesco did not consult government before making the payment, hence the confusion on the...
