Nigerian oil deal was handled by RB’ son, says another witness

Nigerian oil deal was handled by RB’ son, says another witness

RB and Son Henry

RB and Son Henry

Former President Rupiah Banda was arrested for allegedly abusing his office because he instructed his son Henry to handle the proceeds of a Nigeria government oil deal, a witness has told the Lusaka Magistrate Court.
This is in a matter in which Banda, 75, of house number 3, plot 2759 off Leopards Hill Road in Lusaka, is charged with one count of abuse of authority of office, contrary to Section 99 (1) of the Penal Code Chapter 87 of the Laws of Zambia.
When the matter came up for continued trial before Chief Resident Magistrate Joshua Banda, Friday Tembo, a senior investigations officer at the Anti-Corruption Commission (ACC) said the offence was slapped on Banda because he instructed his son who was not an employee of the government to deal with the proceeds from the sell of the Nigeria oil given to Zambia.
Mr Tembo said upon conclusion of investigations, he discovered that there was an oil transaction, which began in November 2008 and that it was for the benefit of Zambians because there was an aspect of Indeni Petroleum Refinery.
He said the oil never came to Zambia and that its proceeds if at all sold were never brought to the country.
Mr Tembo said according to investigations, US$500,000 was allegedly transmitted to Iexora international Limited in an account held with a known bank from Sab Energy proprietor Akpan Ekpene to Henry.

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