Zambia: Hichilema inherits “empty treasury”

Source: BBC News [UK state media]

“Zambia’s new president has told the BBC that he has inherited an ’empty’ treasury, while ‘horrifying’ amounts of money had been stolen. ‘People are still trying to make last-minute movements of funds, which are unauthorised, which are not theirs,’ President Hakainde Hichilema said. He defeated his rival Edgar Lungu in presidential elections last month. Mr Hichilema did not name any officials. Mr Lungu has previously denied all wrongdoing. The BBC has approached his party for comment. Mr Lungu governed the copper-rich nation since 2015. He was widely praised for the smooth transition of power to Mr Hichilema, who won the presidency after five failed attempts. Mr Hichilema won the election on a promise to tackle corruption, and to end the financial and economic crisis that has seen Zambia’s debt ballooning.” (09/01/21)