NKANA Independent MP Binwell Mpundu says Finance Minister Situmbeko Musokotwane is not being sincere by suggesting that Zesco’s $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 Zesco’s $80 million payment was made in full conformity of the agreement guiding the firm’s 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 Zesco’s $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...

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