Cash strapped and deeply indebted Ndola City Council (NCC), has reportedly staked various properties as collateral for the purchase of nine Ford Ranger WildTrak vehicles for management valued at hundreds of thousands of dollars.
Sources have told the Times of Zambia that vehicle purchase arrangement has been exposed in the latest audit of the council’s finances, which were recently reported to be a mess, with millions of Kwacha owed to workers in salaries and in statutory obligations to NAPSA and other insurance firms.
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