6 November 2017

Zambia: Hichilema Named in Paradise Papers

Photo: ICIJ
Zambian opposition leader Hakainde Hichilema.

Hakainde Sammy Hichilema, a Zambian corporate executive with interests in mining, finance and other industries, has run unsuccessfully for president five times since 2006.

In the data

Hichilema became a director of a Bermuda company, AfNat Resources Ltd., in March 2006, and he resigned that August, according to Appleby's records. AfNat Resources was incorporated in 2005 and explored for nickel and other metals in Zambia and other African countries. It was listed on London's alternative investment market until 2010 when it was purchased by Canadian mining company Axmin for about $14 million.

Response

Hichilema declined to answer questions from ICIJ, including about his roles as director. There is nothing illegal about a company registered in Bermuda, Hichilema told ICIJ by phone.

Related documents

Master File Document From Appleby - Hichilema

Disclaimer
There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities located in the database based on addresses or other identifiable information. If you find an error in the database please get in touch with us.

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