DPP Nchito told to probe sale of Roan Mine, Lima Bank

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PRESIDENT Michael Sata has directed newly-appointed Director of Public Prosecutions (DPP), Mutembo Nchito, to launch a wide-scale investigation into the privatisation of Roan Antelope Mining Corporation of Zambia (RAMCOZ) and three other firms that were sold during the Frederick Chiluba administration.
Other firms lined up for probe are Kagem Mining Company in Kitwe, the defunct Lima Bank and Hotel InterContinental in Livingstone, which was sold to Sun International.
The directive to conduct the investigation has been prompted by what President Michael Sata yesterday described as ” stinking corruption ” surrounding the sale of the four companies.
Mr Sata was speaking shortly after he swore-in Mr Nchito as DPP at State House.
He told Mr Nchito, whom he elevated to State Counsel, to bring the culprits to book.
” Look at some of the old cases.

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