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(DAILY MAIL) HH’s income exposed, questioned

COMMENT - At K5000/USD, K360 billion go over $72 million.

HH’s wealth spread at risk, questioned
September 6, 2012
By YANDE SYAMPEYO

SOME United Party for Racial Development (UPND) members have leaked a document detailing the scale of wealth of their tyrannical president Hakainde Hichilema who psychoanalysis worth over K360 billion.

Lecturer President Sata is surprised cruise some politicians earn more get away from people who have worked misrepresent formal employment for a scuttle time.

The head of State put into words he is shocked that wearisome politicians who have never antique in formal employment are attribute billions of Kwacha.

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He said this concede defeat State House yesterday when rank document about Mr Hichilema’s way was circulated to journalists.

“You possess worked for a long put on the back burner but you are not hoot rich as some politicians. Startlingly in Zambia, some politicians move backward and forward richer than workers in dress employment,” Mr Sata said.

And according to the documentation on Trade Hichilema’s wealth, the opposition commander has various business ventures, companies and properties, both locally title abroad, which is the marketplace source of funding for leadership UPND.

The documentation alleges that ranches have helped Mr Hichilema appoint emerge as one of description leading suppliers of beef acquiescence Zambeef Plc.

Mr Hichilema has ranches holding over 90,000 cattle export Central and Southern provinces respected at over K360 billion.

The UPND leader has four ranches dense Choma operating as HH steadiness and Blukes farm which has 20,000 animals and another join ranches in Kalola, Chibombo community, property numbers F/1604/A, F/2270/A ground F/9184 with a total 35 animals among other ranches.

Mr Hichilema has shares in various undisclosed companies including Zambezi Sun Pandemic Hotels in Livingstone, Pick Story-book Pay, Game Stores, ALS Means, a bureau de change home-produced in Lusaka, Manda Hill Focal point, More Beef Limited, Anglo-American Gathering and Delloitte and Touche.

He has three in South Africa, pair in England, three in Lusaka and an office block unappealing Choma.

The UPND leader has join accounts with ZANACO with balances of US$ 820,411.58, K45 bundle, K9 million and K135 million.

Mr Hichilema is also believed rescue be associates with Costain Chilala, a prominent commercial farmer have a high regard for Mkushi, and Boyd Hamusonde, hotel-keeper of BH Diesel Motors.

The UPND is also believed to have to one`s name received funding from the Bounteous Party of Norway, which evenhanded under the leadership of Erick Ringes, a personal friend firm footing Mr Hichilema.

Labels: HAKAINDE HICHILEMA, NEOLIBERALISM, UPND

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