Zambian Airways debt rises
The total debt owed by the defunct Zambian Airways to public institutions now stands in excess of K130 Billion.
The debt to Development Bank of Zambia has now more than doubled from K14 billion to K30 billion inclusive of capital.
The full amounts are owed to Zambia Revenue Authority (ZRA), National Airports Corporation (NAC) National Pensions Authority (NAPSA) and the Development Bank of Zambia (DBZ) and other trade debtors.
The defunct airline was owned by the Director of Public Prosecutions (DPP) Mutembo Nchito and his brother Nchima and Post Newspapers editor Fred M’membe.
Efforts to recover the tax payers money are now before the courts of law after attempts to evade the debts by trio attracted serious on-going legal battles.
The civil society organisations too have thrown their weight behind the matter to ensure that every ngwee owed to Zambians is recovered and channeled to national development efforts.
Daily Nation
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49 Responses to Zambian Airways debt rises
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By Prophet 2016. Come 2016, the year will be the bloodiest in the history of national emancipation. It will be a year of light vs darkness. the powerful vs the poor. Mmembe, Nchito will be facing prison.
prophet2016 - February 9, 2013
10:47
where is my comment imwe ba ZWD?
prophet2016 - February 9, 2013
10:44
MY PROPHECY: 2016 will be the toughest year and bloodiest year ever seen in this country. 2016 is a year of Light vs Darkness. Cheaters will be smoked out. Zambians have had enough. PF will be too hot for anyone to take a front row seat. The opposition will gang up together in gvt of national unity. Unfulfilled promises will take centre stage of condemnation. Scandals and mass resignations will take place. It will the FIRST REVOLUTION to EMANCIPATE ourselves from the greedy powerful. It will be a fight of the HAVES with the HAVE-NOTS. Global ratings of Zambia will drop. Hunger will be at its peak and commodity shortages will arise, as a result of holding. Fuel, will be damn expensive and rare – to thwart anti-gvt movement. Come 2016, Fred Mmembe, Mutembo Nchito shall be in prison over gvt debt. Parliament will come to roost, to reality. Morningside clinic will receive prominent Zambian political leaders claiming to be seek just to avoid detention back home. Brace for it. Prophet 2016.
prophet2016 - February 9, 2013
10:41
Yes let those thugs pay back our money.Satanist Satana please Zambia is bigger than your enlargered heart!!
Mukachula Sana 2016 - February 9, 2013
02:43
Only from the Zambian Watchdog
Zambian - February 8, 2013
14:26
Zambia will never have any national carrier. first of all there no good management for airline industry in Zambia. at least you had Zambezi airline, although being a private company at least it provided work for Zambians and it was well managed , before the Mmembe’s came with politics to destroy so that in order to come up with with their airline.aviation is a very complex business which needs a lot hard work to expand the business
there is high seasons and low seasons. and when do not your marketing, properly during the low seasons you are likely to go on the drain. Zambia airways has been blacklisted to fly in European skies so were do think they can dominate their market around Africa? Zambezi airways was a sister company of Air Namibia which has got a good reputation in Africa. that why they were expanding so quickly.
kaingo - February 8, 2013
14:18
WETLOOK BITCH,WHERE ARE YOU TO ISSUE A CALLOUT TO MMBEMBE AND NCHITO TO THE ACC OFFICE????WHERE ARE YOU BITCH IF YOU HAVE BALLS TO ISSUE A CALL OUT ON RP….
TNE DON - February 8, 2013
14:05
Yu know she has no balls. Say something else
ntweno - February 8, 2013
15:40
I MENT IF HAD COURAGE TO ISSUE A CALLOUT TO PRESIDENT BANDA.
ftj - February 9, 2013
07:35
SATA….NA,MUKULU IS IN PLOT 1.ITS ONLY A MATTER OF TIME,NCHITO,NAMAKANDO POST M`MEMBE AND THE OTHR NCHITO WILL PAY HANDSOMELLY WEN WE VOTE OUT PA MAFI.THE KA POST NEWS PAPER AND THE KACASU BREWING COMPANY FOR M`MEMBES WIFE WILL ALSO BE DEFUNCT IN 2016.
hillz. - February 8, 2013
13:37
But why mmmeeembe is busy competing with others in buying expensive vehicles when the man is in serious debts. Who is going to prosecute them when they are dining with the Cobra.
Muntu Na Muntu - February 8, 2013
13:35
I think there’s a lot that is being swept under the carpet.This is why m’membe is busy writing good about cobra,because he knows that if he doesnt all these tuma cases will popp up,they will have to pay because DBZ cannot function properly because of the money crooks are holding on,kawalala ni kawalala regardless whether you pick pocket or you use your pen the name and punishment should apply to both of them.we shall pray even if they hid now but we shall pray and we will make sure that they pay back what is owed to us.This is our country and it deserves to grow economically.we shall remove cobra,kabimba and all those minions involved
Nermon Yotam - February 8, 2013
11:39
Why have the ACC not summoned them for questioning?
Cindy - February 8, 2013
11:32
You know that the ACC is just a bunch of idiots.
Y2N - February 8, 2013
12:55
They can’t summon Kabimba to ACC they are scared, you can imagine how he behaved at their offices when they attempted to summon him, he behaved like an unmannered kaponya who had gone hungry for weeks. You could be ashamed to call him the Justice Minister, just wasting the valuable position giving it to a cockroach. We shall meet in Shibuyunji one day.
Mulike Mubone - February 10, 2013
16:04
Please report properly…. are the billions in the rebased currency or the old kwacha.
FPPF CARDRE - February 8, 2013
11:28
Sata please stop hindering Zambia’s progress allow the Banks to retrieve their money from Mmembe and the Nchito brothers. If these criminals don’t have money let the bailiffs do their job first by selling ka POST to Zambian watch dog.
concernedcitizen - February 8, 2013
10:03
Not so long ago Pafwaka sata was boasting to the Nation that a National Airline is needed honestly this man has failed to feed the his citizens ( buying maize at KR 100) because he over exported how then can we trust him with running a complicated industry like an Airline. He should ask his gay friend at the POST how hard it is. Sata’s hallucinations will never end this is the same man who caused fuel shortage because he exported all stocks to Malawi. IQ tests should be mandatory for future presidential candidates so we can avoid a repeat of this mistake. making noise, insulting and making fake promises shouldn’t be the criteria as of 2013.
concernedcitizen - February 8, 2013
10:00
Iwe HH stop ranting
Zambian - February 8, 2013
13:27
It is difficult to know really who is leading this country. I wish something could be done quickly. Any way, by next year this time we shall have a new leader.
Rusco - February 8, 2013
10:00
May be Clive Chirwa
Zambian - February 8, 2013
13:28
let the swindlers pay the money..we shall not rest till they do so..we need our money back..mumembe and big bum DPP>.
blacky - February 8, 2013
09:42
Yes we do
Zambian - February 8, 2013
13:29
most of it was used for PF campaigns. Wake up Zambians.
mwanasimbai - February 8, 2013
08:47
most of that money was used for pf campaigns. wake up Zambians.
mwanasimbai - February 8, 2013
08:43
So wat !!
Uncle Zambia - February 8, 2013
08:14
He is your uncle for u not concerned. Ba Uncle Zambia, u must be Untie Zambia.
Tunji - February 8, 2013
08:27
Thats tax payers money you idiot. You think like Ukwa, very illiterate Kaponya with minimum or no education.
DG - February 8, 2013
09:00
why is there so much injustice in this nation, we are kindly appealing to anyone who owe us money to pay us back. We can use such monies to do some developmental projects such expanding our roads hence reducing the risks of accidents. If this info. is true pay us back. you are already rich, do you want to swallow the whole economy.
Peace man - February 8, 2013
08:13
Peace man I agree with 101%
Zambian - February 8, 2013
13:31
Zambian Airways was a family business for Nchito brothers to an extent that Mr Passmore Hamukoma who is married to their elder sister was appointed Board Chairman. Inclusion of gayman Mumembe in ownership became a serious concocted product of thieves. Please ensure they pay back that K130 Billion.
Analysit - February 8, 2013
08:06
wen the devil rises,we got to rise more.he shouldnt steal & stop me from stealing.he is a damn hustle.lets publish his theft.we are goingup higher.no one can stop us.zambia is not a christian nation.maybe barosteland will.chikawama nga twaya kumwesu.umubemba teti ale tu cinfya.sata no munankwe m’membe efinyama ifya shani nga fyali mu park iya ku copperbelt?
kapacrome mutata - February 8, 2013
07:54
What is our President doing over this huge sum of money which Mtembo and Mmembe owe Zambians? Please if this is not brought back to court as it is lying in the camera, we the outsiders smell a rat. Maybe their are many government officials who are connected to this.
Where is the Malawian Lawyer and Judge who was called by the President to take up the tribunal? If he has gone back how much has he gone with and if he is still in the country what is he doing and why keeping him all this time? Zambians let us work up. Someone is abusing the office and mismanaging our resources.
They must pay. ZRA should also drag them to court too. There is no justice in the Country as it is now.
SIKIPA - February 8, 2013
07:13
chiwamila galu kuluma mbuzi but not mbuzi kuluma galu some opposition leaders are being taken to court for false accusations of theft whilest the president;s friends are really kabwalalas with prof let the law visit them impeach their boss.
blackbull - February 8, 2013
07:04
Balingile ukubwesha bakusa bakabwalala bakalamba. Zambian will not rest until their pay back the money idiot people, foolish 3 of theme including ne ule kamasebo.
Derrick Mwape - February 8, 2013
06:46
Our Michael is dazzled by the lights of State House with his daughter Stella boasting of free things they enjoy there on Facebook. Ala bwafya mudziko.
Ku Masangalatoni--Lekeni HH ateke - February 8, 2013
06:39
I feel sorry for the president.
I appeal to all his relatives who’ve been appointed into senior position to stop sitting around making our leader look like a puppet. HELP HIM BREAK FREE FROM MMEMBE AND NCHITO! That’s why he appointed you. Return the favour and restore his dignity – especially the young relatives of the First Lady.
Achievement In Motion - February 8, 2013
06:35
Another great advice
Zambian - February 8, 2013
13:34
nchitoa,mmbembe and sata,GOD IS NOT AMAN THAT HE CAN BE MOCKED.ONE DAY THE LAW WILL CATCH YOU IN JESUS NAME
ftj - February 8, 2013
06:33
first and foremost, how do you allow such a debt to accurate? these same people have other businesses which are doing fine? The DPP is holding a very big office how does answer to such? Fred M’membe owns the post newspaper and is busy castigating politicals who owe or have other criminal cases befores the courts.Do not remove a speck from your friends eye meanwhile who have a log in your eye.Most zambians when we borrow from these mirco financing companies we have sleepless nites what more our friends who are owing 130billion? Is there conscious clear?
chris chilabe - February 8, 2013
06:31
For money owed to NAPSA, it means those gallant workers of the defunct airline did not make contributions for a certain number of months. These are the things that bring about controversy when claiming pension from NAPSA because in many cases, that is the time a pensioner gets to know that his employer did not remit their contributions despite the deduction being made on the payslip. Zambian Airways must pay the unpaid contributions and the promoters should take this seriously and stop bragging about their connections with the powers that be.
Bob - February 8, 2013
06:30
For money owed to NAPSA, it means those gallant workers of the defunct airline did not make contributions for a certain number of months. These are the things that bring about controversy when claiming pension from NAPSA because in many cases, that is the time a pensioner gets to know that his employer did not remit their contributions despite the deduction being made on the payslip. Zambian Airways must pay the unpaid contributions and the promoters should take this seriously look into the whole thing.
Bob - February 8, 2013
06:22
Umulandu taubola!! Nangu palepe shani bakabwalala bakalipila! Nga bafwa abana babo bakalipila!
M'du - February 8, 2013
06:21
For money owed to NAPSA, it means those gallant workers of the defunct airline did not make contributions for a certain number of months. These are the things that bring about controversy when claiming pension from NAPSA because in many cases, that is the time a pensioner gets to know that his employer did not remit their contributions despite the deduction being made on the payslip. Zambian Airways must pay the unpaid contributions and the promoters should take this seriously and stop bragging about their connections to the powers that be.
Bob - February 8, 2013
06:23
True
Zambian - February 8, 2013
14:24
For money owed to NAPSA, it means those gallant workers of the defunct airline did not make contributions for a certain number of months. These are the things that bring about controversy when claiming pension from NAPSA because in many cases, that is the time a pensioner gets to know that his employer did not remit their contributions despite the deduction being made on the payslip. Zambian Airways must pay the unpaid contributions and the promoters should take this seriously and stop being pompous about the whole thing.
Bob - February 8, 2013
06:21
Eish… Only pa Zed. No wonder we were booted out of AFCoN. Dont say it is not related, strategies pa Zed are upside down.
Now Mmembe, Nchito and Kabimba control sata. what can he do??
Mpangula Mputyu - February 8, 2013
06:17
SATA THE SATANIST IS BUSY SACRIFICING INNOCENT BLOOD.ZAMBIANS WHAT EVER WE DO WE SHOULD PRAY.BEFORE LEAVING YOUR HOUSES SPEND QUALITY TIME WITH JESUS.EVERYTIME YOU METION HIS NAME,ALL THE PLANS AND ENCHARTMENTS OF THE SATANISTS SHALL BE DESTROYED.AND WITH THE BLOOD OF JESUS CANCEL ALL THE EVIL….COL 2:15 PLZ READ.I LOVE ZAMBIA THE CHRISTIAN NATION
ftj - February 8, 2013
06:41
Corrupt Christian
Zambian - February 8, 2013
13:37