High Court refuses to join Vedanta in KCM liquidation

High Court refuses to join Vedanta in KCM liquidation

 

* But we told you, next is consent judgment.

THE Lusaka High Court has declined to grant Vedanta Resources Holdings Limited an ex-parte application for joinder to the proceedings in a case Zambia Consolidated Copper Mines (ZCCM-IH) has asked the court to place Konkola Copper Mines (KCM) under provisional liquidation.

And the court has guided that it will only hear the winding up petition against KCM after an application for joinder is disposed of.

What this means is that the genuine owners of KCM wont be represented in court. Only PF minister’ Makebi Zulu’s company and PF official Milingo Lungu will be in court, but claiming to represent KCM

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