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Zambia : Milingo Lungu's Continued Activities Will Be Costly To ZCCM-IH and the Nation in the Long Run


Green Party President Peter Sinkamba has warned that the continued acts of KCM liquidator Milingo Lungu at KCM are illegal and that his continued activities at KCM will surely be costly not only to ZCCM-IH but the nation as well in the long run.
Reacting to a media statement by Vedanta Resources Holdings Limited with regards to rumours in Zambia that the Provisional the Liquidator is set to split the KCM business into two separate units and is considering divesting one or both of these units to unnamed, opportunistic and potentially ESG-challenged investors, Mr Sinkamba said that urged President Lungu, as a lawyer, to direct Mr Milingo to pack his bags at KCM and wait for the outcome of the arbitration process in South Africa and/or further directions of the Court of Appeal or the Supreme Court. ....

South Africa , City Of , United Kingdom , Peter Sinkamba , Milingo Lungu , Supreme Court , Vedanta Resources Limited The Parent Company , Vedanta Resources Holdings , Zambian Court , Zambian High Court , Green Party , Green Party President Peter Sinkamba , Vedanta Resources Holdings Limited , President Lungu , Vedanta Resources Limited , Provisional Liquidator , Arbitration Act , Financial Letter , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , உச்ச நீதிமன்றம் , வேதாந்தா வளங்கள் வரையறுக்கப்பட்டவை தி பெற்றோர் நிறுவனம் , வேதாந்தா வளங்கள் ஹோல்டிங்ஸ் , பச்சை கட்சி , வேதாந்தா வளங்கள் ஹோல்டிங்ஸ் வரையறுக்கப்பட்டவை , ப்ரெஸிடெஂட் லுங்கு ,