Presidential empowerment fund from drugs

Presidential empowerment fund from drugs

Information has emerged that the money PF’s Edgar Lungu is dishing to Marketeers under the Presidential Empowerment Fund is from Drugs.

The money is gigen by the Findlay brothers as a way of laundering it.

A source very close to the fund has disclosed to the Zambian Watchdog in an exclusive interview that the money comes from Auto World Chairman Noble Findlay and his young brother Valden Findlay.

” People have been wondering where the money is coming from. That is why Chishimba Kambwili is saying do not use marketeers to clean dirty money. It is true it is dirty money. It is from Noble and Valden Findlay and you know the source of their wealth'” the source said.

The source said to disguise the source, the money is channeled through a Ndola based Micro Finance Institution run by Jimmy Chilinda a brother to Catholic Priest Father Charles Chilinda.

The source further disclosed that Jimmy Chilinda is a very close friend to Central Province Permanent Secretary Chanda Kabwe.

” Why do you think Chanda Kabwe is the Patron of the Empowerment Fund? He is a close ally to the person running the Micro Finance institution. I have just forgoten the name of the company but I will tell you. Chilinda and Kabwe are friends,” the source said.

Yesterday at a Press Briefing at his Luanshya residence, former Information Minister Chishimba Kambwili challenged Edgar Lungu to disclose the source of the K10million that has so far been distributed to marketeers. He also advised Lungu to stop using marketeers to clean dirty money.

EDITOR’s Note. Could this be the reason why Markets are burning?

Share this post