The Watchdog has finally obtained a bank statement for one of the Bank Accounts that President Edgar Lungu abused to fund the dancers he carried along to New York in September 2015.
The Watchdog revealed that time the Lungu, apart from buying tickets for dancers and other entertainers, hired a private jet at a colossal sum of $300, 000.
But now more details are emerging on how Lungu and his team squandered pubic funds without remorse. Here is one of the accounts they used to plunder.
The account is called CABINET OFFICE VIP and is maintained at Zanaco.
This and other accounts were opened when late Michael Sata became president and are used when president travels abroad.
But the extent of abuse under Lungu is simply appalling. They use ATM cards to pay for Hotels Bills, Prostitutes, Beer, dinner dances etc…
To avoid auditing by the Auditors General’s office, the account is not in any individual’s name. They withdraw money using ATM cards since it’s not attached to any name and difficult to reconcile and monitor.
According to our informer President Lungu and minister of Finance Chikwanda sanctioned these thefts to fete the president’s dancers and cadres he travels with. These accounts are separate from official allowances government officials receive when they travel with the president.
For example, approximately $80,000 USD (K960, 000) was used on this card number 4030740000000122 within three days between September 26 and 29, 2015 in New York. The other card was used to withdraw money from Dallas on the same account in the same period.
There are many cards linked to such accounts, according to our informers.