Libyan investment portfolio LAP GreenN has vented anger at Finance Minister Felix Mutati for claiming that the Zambian government was in the process of settling its US$395 million debt owed to the company when in fact “no single cent” has been paid. This is contained in a letter of claim signed by LAP GreenN chairman Dr Faisel Geigab. Dr Geigab disclosed that the Zambian government through the Minister of Finance had been sending bank transfer documents, but no actual cash was remitted to LAP GreenN. “The now Minister of Finance was a member of Cabinet of the Zambian government at the time LAP GreenN acquired its shareholding in Zamtel. He is very familiar with the LAP GreenN matter. It would…...

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