Ventriglia Funded ZAMBIA Report’s ARTICLE ON CREDIT SUISSE ALARMING, DISTORTED, BLATANTLY FALSE AND DEEMED TO BE CRIMINALLY LIBELLOUS.

Filed under: Statements |

sakiThe article on Credit Suisse as published by the mercenary journalist savages at Zambia Reports is like many others that have been churned to harm, malign and misrepresent facts. The prime target as usual was Rajan Mahtani and the hired elements are determined to cause injury at all costs. The article published by the VENTRIGLIAS’ (ITALIAN MAFIA) funded ‘ZAMBIA REPORTS’ ARTICLE on Credit Suisse has been dismissed as utter rubbish. The said article was aimed at causing alarm with a view to undermining the interest and place of Finance Bank Zambia Limited PLC on the market place and its listing process which is underway. It is the same dosage of gutter journalism that is perpetually identical with the Ventriglia funded work at the Zambia Reports. The Zambian Intelligence News (ZIN) has impeccably established that crooked lawyer Sakwiba Sikota S.C. masterminded the ‘plot’ and his funders the Ventriglias paid for the purported report. It is settled matter that all allegations were subsequently proven false by due process. The Bank of Zambia is on record to have confirmed that there are no irregularities in the manner Finance Bank Zambia PLC (FBZ) is operating or indeed its shareholding structure. The Government Gazette notice of 28th February 2014, elaborately attests to this fact. For avoidance of doubt, it is hereby attached below. Even the Ministry of Finance is on record to have categorically condemned the fraudulent sale of FBZ under the MMD regime and has confirmed that FBZ is running as per statutory stipulations. Another attached piece below attests to this position as rendered by Finance Minister Alexander Chikwanda. On 14th November, 2014 the Securities and Exchange Commission approved the registration of the entire issued capital of FBZ and consequently the capital is quoted on the Lusaka Stock Exchange. The letter of approval is attached below as well. The listing process is almost complete and such irresponsible reporting of Zambia Reports will not in any way derail or deter the public listing as it is closely monitored by the regulators. Members of the Public have demanded for credible journalism and that online journalists should come out in the open so that people could know them!. READ ATTACHED DOCUMENTS HEREFBZ Gazette 280214SEC Quoting ApprovalPF Govt gave FBZ to rightful owners