Nyirenda demands tribunal against judges bribed by Stanbic

Nyirenda demands tribunal against judges bribed by Stanbic

Operation Young Vote (OYV) Executive Director Guess Nyirenda says the Zambian Judiciary has been taken hostage by corrupt elements making it compromised in the execution of its mandate.

Speaking during a joint press briefing in Lusaka, Mr. Nyirenda says the SAVENDA case has exposed judicial inconsistencies, breakdown, scandals and deep-rooted corruption which deserves urgent remedial measures and that any further procrastination in addressing these ills would lead to a total collapse of the judicial system in the country.

He says the Civil Society Organizations (CSOs) are alive to the provisions of the law particularly the constitution of the republic of Zambia on the mandate placed on the Chief Justice as head of the Judiciary to redeem the situation.

In this case of Savenda v Stanbic, the High Court ordered Stanbic to compensate Savenda K192m for loss of contracts after Stanbic negligently and maliciously reported Savenda to the credit Reference Bureau. But the Supreme Court trashed the High court Judgement and instead ordered Savenda to pay costs from the time the case started, generating public outcry and suspicion that the Supreme Court has been bribed. The bill which Silwamba wants Savenda to pay the Bank is K10 million.

Savenda Management Services had entered into a lease buy-back facility for a US$540,000 to buy a printing machine. It was agreed that Savenda would be making Monthly repayments by debit order from one of the company’s bank accounts. But, due to a faulty in the system of Stanbic Bank, Savenda’s instructions on the debit order were sent to the wrong account within Stanbic. Stanbic wrote to Savenda explaining the problem and saying it had been sorted out. But during this same period and amid this confusion, Stanbic decided to report Savenda to the Credit Reference bureau (CRB) as a bad debtor.

Share this post