How HH put to rest speculation about his name in Paradise papers

How HH put to rest speculation about his name in Paradise papers

This is how Hakainde Hichilema put to rest an attempt by the PF and their useful idiots, lukewarm media to link his name to international scandals.

Hichilema is among several world figures named in a huge new leak, called Paradise Papers, of financial documents released by the International Consortium of Investigative Journalists that reveal how the powerful and ultra-wealthy secretly invest vast amounts of cash in offshore tax havens. Paradise papers itself explains that many people like HH who have been mentioned are clean because just being mentioned in a document in itself does not constitute a crime.

But just after seeing the name ‘Hakainde Hichilrma’ the PF went on rampage circulating what thy thought was money laundering by HH.

But HH calmly and slow explained the matter like this


“To say the Paradise papers…I was reading through that document myself and I invite you to read that document again. It is basically very clear; there is nothing illegal about them. I mean, it is on the Website and read it in full. It lists many people; the Queen of England, two former Canadian Prime Ministers and [Rex] Tillerson himself, the current Secretary of State of the United States of America. People decide to invest here and there legally. There is no tax dodging; read the document again. I’m actually very pleased with that document because it outlines clearly that there is no illegality,”

Hichilema continued:

“That information is not a secret; that information is on the London Stock Exchange through a window called Alternative Investment Markets (AIMs). This is why I’m saying it is a non-issue; no illegality, no tax evasion and if you check, I was a director only for four months from April, 2006 to August, 2006. There is no illegality there and this is what we do; we try to raise money outside the country. This is what I want us to do when we form government; raise money out in the London Stock Exchange where the cost of money is cheaper and bring it into Zambia and invest in a ranch so that we can produce beef to improve the nutritional value of our citizens and also help to create jobs.”


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