These Statutory Instruments show Sata’ salary was increased by 99.61% from RB’s

These Statutory Instruments show Sata’ salary was increased by 99.61% from RB’s

 

This is what Rupiah Banda was earning

After revelations that president Michael Sata has increased his salary by 100 per cent, the president himself and his ministers have gone on a media campaign to deny what is clearly true. President Sata even went to the extent of distributing to journalists a proposed Statutory Instrument which was rejected by president Rupiah Banda in 2008.

The SI which Banda rejected had  proposed that he should be earning K238,753,593 per annum. After a public outcry led by then opposition leader Michael Sata who then said Banda was selfish and greedy, Banda rejected  this proposed SI and instead approved the one which gave him K164,120 per annun.

Other documents show that Banda’s salary was calculated at this amount and this is what Sata himself was paid the first six months until he increased his salary of April 1, 2012 by 99. 61 per cent.

In summary, Sata’ salary  according to Presidential Emoluments Act 2012, stands at K327,593,805.00 from K164,120,016.00 according to Presidential Emoluments Act of 2008

So 327,593,805.00 – 164,120,016 = 163,473,789

AS a % 163,473,789/164,120,016 X 100 = 99.606%

99.606 is for sure almost 100%.

What is also important to note is that these increments were done quietly until the Watchdog exposed them.

This what president Sata is earning now

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