Flash! $11M Fraud: Zambia Strip Ex-President Rupiah Banda Of Immunity, Arrests Him Over Nigeria Oil Deal

Zambia officially charged former President Rupiah Banda for abuse of authority over a Nigerian oil deal, a government spokeswoman said on Monday.

Banda, who has been accused of misappropriating more than $11 million during his three years in office, was arrested and then later released on a bond, said Namukolo Kasumpa, a spokeswoman for the government’s investigation team.

He will appear in court again on Tuesday, she said.

Zambia this month stripped Banda of immunity from prosecution, a sign it was getting closer to bringing formal charges against him.

Banda, who led Africa’s top copper producer from 2008 to 2011, has maintained his innocence.

The former president was questioned for nearly three hours after his arrest, his lawyer Sakwiba Sikota said, adding that Banda had done nothing wrong.

Banda later appeared before supporters telling them to remain calm and that he would win his case in court.

Banda was defeated in 2011 by rival Michael Sata, whose government has launched several high-profile corruption probes into deals struck by the former administration.

Courtesy Reuters

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3 thoughts on “Flash! $11M Fraud: Zambia Strip Ex-President Rupiah Banda Of Immunity, Arrests Him Over Nigeria Oil Deal

  1. Holy mackarel,Malawi must a funny country! Indicting a whole former president for ‘taking for personal use’a mere 11 million dollars!
    That is not enough weekend allowance of a Nigerian legislator not to talk of the president!
    Any wonder why we carry and enjoy the sobriquet- GIANT OF AFRICA!
    Malawi should send a Team here to understudy our National Assembly and see what stealing is!
    By the way,these distinguished and honorable men and women have shunted aside our humble requests to know how much they earn for working on our behalf!
    There is a Governor in our country who is spending public money as if money is going out of fashion!
    In Nigeria,a clever judge with an eye on future living can procure for a public official,a perpetual injunction against arrest or prosecution!
    These are the ways of greatness Madame Malawian President!


  2. Cases like this gladens my heart,showing to us sanity still exist in some other part of the world and that no one is above the law. I wish the next president of this nation could probe our past presidents and bring them to justice too,nothing would make me happier.


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