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.”

 

COMMENTS

WORDPRESS: 17
  • comment-avatar
    Abdu 5 days

    As the situation stands upnd is the most outstanding opposition party. Reason being that it has been in that position for some time now,meaning the upnd have had a lot of time to reflect,so we expect to see some change in terms of improvement. What is not enough on upnd is education in as far as the manifesto is all about. Let the people understand what you have to offer, put much emphasis on what you intend to do,forget about political tricks from your rival, educate the masses country wide. Pf did that when it was opposing though a lot of exaggeration was done and it worked, in the end formed government. As at now the GREEN PARTY is the only party with a clear and straight to the point MANIFESTO no doubt about it unless you have little or no knowledge about it. UPND its your turn, but let the PEOPLE know what you have on paper.

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    Timkaps 6 days

    I never new this man very well but I have come to know him ,the man is rich, and very very rich we need such leaders to run a poor country like Zambia.The man is humble, not boastifull only pipo reads his wealth at his back,,Viva hh**

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    EDWARD 1 week

    WE NEED TO TRY THIS MAN HE SEEM TO BE VAST WITH EXPERIENCE TO A BROKE COUTRY LIKE ZAMBIA

  • comment-avatar
    EDWARD 1 week

    WE NEED TO TRY THIS MAN HE SEEM TO BE VAST WITH EXPERIENCE TO BROKE COUTRY LIKE ZAMBIA

  • comment-avatar
    Kantonji 1 week

    How our friends in Europe are reacting to news:

    Europe: Pierre Moscovici, the European commissioner for economic and financial affairs, sent out a tweet to his 189,000 followers saying that it’s “time to complete the EU’s anti-tax evasion toolbox with swift decisions” on tax havens. Eva Joly – a member of the European Parliament and the deputy president of a European parliamentary inquiry on the Panama Papers – said in a statement: “If all this is ‘legal’ then it is necessary to change the laws.”

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    Paulo 1 week

    Such are leaders we need into politics. They go into poltiics to serve the people not their pockets. Look at President Mangufuli of Tanzania, the exact opposite to ours. Tenderprenuers(fire tenders, ambulances, Lusaka Ndola dual carriageway etc.sticky fingers)

  • comment-avatar

    Who ever GOD JEHOVAH blesses no one cn curse.these thiefs in PF thought they wil now fix de man HH bt instead GOD JEHOVAH is protecting him is fixing them instead mpaka lintente mpaka tukatule Zambian people forward,UPND forward,HH n team forward n every right thinking politician,bishop,reverland,pastor,NGOs who choose 2 suffer wth de suffering zambians i say Go Go forward n help 2 change our beautiful country 2 better de living standard of many many zambia togather we wil do it coz we did it in 1991 again we did it wen FTJ Chiluba wanted 2 bring chaos in zambia wth his bad intentions in 2001,we did it in 2011 wen we sayed no 2 R Bwezani BANDA bad governance,n we wil do it in 2021.look in zambia number 1 is every important if its election year its a year of change of presidents o government.1991-2001-2011-come 2021 we r changing a president n a government mark this space

  • comment-avatar
    abilima 1 week

    The fact that it is not illegal – everybody understands that. And if you notice, all mentioned are politicians not businessmen. because if you are going to legally avoid paying taxes in your country and then aspire to lead that same country where you will want everybody and every organization to pay taxes, then we have a problem. Nobody cared about Rex Tillerson’s investment choices when he CEO of ExxonMobil, but now he is a public servant and his business decisions come under scrutiny. That is one of the reasons Mitt Romney lost to Obama. Be careful how what you do now can affect your political ambitions. So, while Mr. Hichilema is right about the legality of his actions, they do not augur well for an aspiring presidential candidate – and he should not gloss over this serious issue because it tells us a lot about the type of person that he is. Therefore, as a Presidential candidate this issue cannot go to rest for Mr. HH.

  • comment-avatar
    spiderman 1 week

    wapya baisa.

  • comment-avatar
    Judison Muzyamba 1 week

    30 hectares of land for sale in chisamba district 100km away from Lusaka very good for cattle and maize contact number 0979440154 or watsap 0963088322

  • comment-avatar

    CHUMA YOUR MENTALITY IS WHAT LED TO THE COLONISATION OF AFRICA BY WHITES.ITS WRONG FOR YOU TO SAY THAT HH RUBS SHOULDERS WITH THE QUEEN.THE QUEEN IS JUST AS HUMAN AS YOU ARE ONLY THAT SHE IS THE QUEEN.STOP THIS INFERIORITY COMPLEX.JUST SAY HH IS AN INTERNATIONALLY ACCLAIMED INVESTOR PERIOD!

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    Chuma 1 week

    PF do you ever dream that your EL will ever be in paradise? Yea! yea! our President HH is rubbing shoulders with the Queen. EL dream on and no matter how much you steal you will never reach HH status. viva HH, viva UPND

  • comment-avatar
    Kalenga 2 weeks

    We need leaders who understand global financial investments to run affairs of our country as opposed to cadres whose specialization is Ndiemo.

  • comment-avatar
    Kalenga 2 weeks

    W need people who think outside the box and who know how to create wealth for the country.

  • comment-avatar
    MMD Cadre 2 weeks

    Yes, it is clear to the learned but too difficult to comprehend to our PF friends.

  • comment-avatar
    waka kasonde 2 weeks

    Mwaume pabaume. That is what HH is. Ba Sata tried but he could not just get him. The man is just financially sound and is not in politics to build himself mations as we see these kaponyas. May God bless Zambia.

  • comment-avatar

    Explanation is crystàl clear.