Filed under: Statements |


United Party for National Development (UPND) has issued a statement categorically stating that their Presidential Candidate Mr Hakainde Hichilema does not own Saturnia Regna Pension Fund, which is at the centre of former BP workers Pretest.

Yesterday 236 former BP workers had given UPND Leader Hakainde Hichilema a 7 days ultimatum to pay back the 457-million kwacha owed to them by Saturnia Regna Pension Trust where he is a shareholder.

The former BP workers threatened to take their families to camp at Mr Hichilema’s residence if they are not paid within seven days.

Below is the full UPND Response


Response to Pension Fund Accusations

We can categorically state that Mr. Hakainde Hichiliema does not own, nor is he a trustee of, Saturnia Regna Pension Fund, as has been reported by various media outlets including ZNBC, the Daily Mail and the Daily Nation.

He has nothing to do with the fund and we find it offensive that individuals appear to be exploiting this case for political advantage in a desperate attempt to divert attention away from the PF’s poor track record in office.

Furthermore, we understand that the trustees of the fund itself will be issuing a statement in due course to clarify their own position.

The public media that reported this story without checking their facts must remember it is their duty to be non-partisan in their reporting.

We are saddened that our opponents would rather talk rumour and gossip than policies and plans and suggest that the PF returns its focus to the billions of kwacha government currently owes unpaid Zambian pensioners as a matter of urgency.

Stephen Katuka
UPND Secretary General