Daily Nation Newspaper

Lungu stance in Post saga hailed

- By CHITE MTONGA

President Lungu has been applauded for not interferin­g in the court processes that led to the liquidatio­n of the Post Newspapers and the refusal to be manipulate­d by Fred M’membe.

Briefing Journalist­s in Lusaka yesterday, New Generation Party president, Humphrey Siulapwa applauded President Lungu over the stance he had taken regarding the affairs of the Post Newspapers. Mr Siulapwa said President Lungu was the only leader who had been impartial with matters surroundin­g the liquidatio­n of the newspaper. He charged that the former Editor-in-Chief of the liquidated Post Newspapers, was an alleged manipulato­r.

Mr Siulapwa further charged that M’membe and the cartel had manipulate­d many leaders in Zambian politics and this had

him to default on the payment of the Newspaper’s tax obligation­s.

"M'membe has always called all our Presidents thieves yet he is the one who has been caught in the web of crime," he said.

Mr Siulapwa further commended the liquidator of the Post Newspaper, Lewis Mosho for carrying out his duties diligently.

A week ago, the Lusaka High Court declared the Newspapers insolvent following a court consent judgement between the parties. The paper was declared insolvent as it only had assets worth K11.2 million while its liabilitie­s were in excess of K160.2 million. The consent judgement was signed between the petitioner­s; ZRA and Post Workers(Andrew Herbert Chiwenda, Roy Habbalu, Bonaventur­e Bwalya, Mwendalubi Mweene and Abel Mboozi) and the respondent; Post Newspapers provisiona­l liquidator.

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