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    Home - Zambian Minister Resigns Over ‘Malicious’ Claims On Business Deal

    Zambian Minister Resigns Over ‘Malicious’ Claims On Business Deal

    By EditorDecember 28, 2023
    Zambian Minister

    ZAMBIA’s Foreign Minister Stanley Kakubo resigned Tuesday, the president’s office announced, hours after he was embroiled in a social media frenzy over alleged dealings with a Chinese businessman.

    BORNO PATRIOTS

    Kakubo, who had been foreign minister since September 2021, said in a letter he was quitting because of “malicious claims over a business transaction”.

    Earlier, a video showing two people counting wads of cash stacked on a table spread quickly on Zambian social media accounts.

    Silk

    An image of a signed handwritten note, dated July 8, 2022, was also put online. The note named a Chinese mining firm and a Zambian mining firm and said they had “exchanged $100,000”.

    Though the names of Kakubo and a Mr Zang were on the note, it was not immediately possible to verify the details.

    “President Hakainde Hichilema has accepted the resignation of the honourable Stanley Kakubo MP from his cabinet position as minister of foreign affairs and international cooperation,” said an official statement.

    It gave no reason for the resignation but added: “The president acknowledges the commendable work and leadership” of Kakubo in the government.

    He said he had resigned “in view of the matter that is currently in the media regarding malicious claims over a business transaction between my private family business and our business partner with whom we still have good relations.”

    He added: “This decision is to ensure that our government is not distracted from continuing to look for solutions for bettering the lives of our people.”

    Nigerian TAX Reform - Federal Goverment
    National Orientation Agency Page UP
    Minister Resignation Zambia
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