FINANCE Minister Dr Situmbeko Musokotwane says the Zambia Industrial Commercial Bank (ZICB) has recruited only 60 former Investrust members of staff. In the National Assembly, Thursday, Kamfinsa PF member of parliament Christopher Kang’ombe wanted to find whether government would pay terminal benefits to over 350 former Investrust Bank employees, following the takeover of the bank by the Bank of Zambia. In response, Dr Musokotwane said the bank would pay out obligations in line with the priority ranking provided in the Banking and Financial Services amendment Act of 2020. “In accordance with the Bank of Zambia Act of 2020, the Central Bank in line with its mandate has been handling the transaction pertaining to Investrust Bank, this notwithstanding all employees’ claims...