The money is gigen by the Findlay brothers as a way of laundering it. That starts to explain why Findlay has been seen openly with the president of klate being on the presidential party to Swaziland for the traditional reed ceremony.
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.
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?