HH Convinced Us Sun Bid Was The Best And We Went For It, Says Nawakwi

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Forum for Democracy and Development (FDD) president Edith Nawakwi has revealed that UPND leader Hakainde Hichilema was queried about the low bidder for Intercontinental Hotel in Livingstone but he told her that it was the best bid so far because it came with consequential investments. During privatization, Ms Nawakwi served as Minister of Finance.
She has called Mr Hichilema to question over his role in the privatization process, saying he “illegally benefitted” from the exercise through shareholding in Sun International that bought Intercontinental Hotel in Livingstone and a house which belonged to Lima Bank, an entity that he participated in privatizing. When she featured on ZNBC’s Sunday Interview, the former minister reiterated that there were a lot better offers on the table but the UPND leader convinced her to go for the lowest bidder.

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