25 April 2013

Zambia: Auditor Move in At Zambia Railways

Auditor General Anna Chifungula says her office has moved in to probe happennings at the troubled Zambia Railways Limited which is already under investigations by the Anti Corruption Commission.

The company has come in the spotlight following a war that emerged between suspended chief executive Professor Clive Chirwa and the dissolved Mark Chona board.

Prof Chirwa had been demanding a K248 million monthly salary, a 25 % shareholding after five years while he accused the board of demanding a K500 sitting allowance.

"We have sent some officers there to get to the bottom of the matter. There were already people there but with the recent developments, it means we have to go deeper," Chifungula said.

Drama at Zambia Railways emerged following in-fighting at the parastal company which received more than US$ 100 million Eurobond funds to set it on a path to recovery. President Sata invited Prof Chirwa from the United Kingdom to manage the company.

However, Prof Chirwa has barely spent six months and is now a subject of corruption investigation. He has since regretted his decision to leave his aerospace engineering consultancy in the UK to take over Zambia Railways.

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