FINANCE and National Planning Minister Dr Situmbeko Musokotwane says it’s impossible for the new dawn government to undertake certain actions like the lending of K1 billion to KCM under Milingo Lungu. On Tuesday, the Public Accounts Committee heard that Konkola Copper Mines through its former liquidator Milingo Lungu refused to avail financial documents to the Ministry of Finance when government tried to monitor the utilisation of the $45 million lent to the mining firm. The Committee also heard that the Ministry of Finance was not aware of any risk assessment that was undertaken before the loan agreement was signed in order to ascertain whether KCM was able to pay back the loan to government. Commenting on this in an interview,…...

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