Africa-Press – Zambia. There is a big scandal related to this Securities (Amendment) Bill. It is a quest by Bally and his three close friends to use the law to grab the assets of a well known local financial services company.
The cartel is made up of Bally, a named Minister, Bally’s close friend and business associate whose brother works at the Securities and Exchange Commission (SEC), and another of Bally’s close friend and business associate who runs a financial services company that had issues with retirees’ money. We shall issue a detailed statement soon.
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