Saturday, November 26, 2011

(LUSAKATIMES) George Kunda and Company Law firm denies benefiting from ZAMTEL Sale

George Kunda and Company Law firm denies benefiting from ZAMTEL Sale
TIME PUBLISHED - Saturday, November 26, 2011, 10:15 am

George Kunda and Company Law Firm has disputed revelations that it benefited 190 million Kwacha out of the sale of ZAMTEL. The firm says the revelation is shocking.

George Kunda and Company Partner Ireene Kunda says the firm only received 100 million Kwacha from Zambia Development Agency -ZDA in 2010, as legal fees with regards to the sale of Savoy Hotel.

Mrs Kunda who is also wife of former Vice President George Kunda says the matter was out-standing since 1997.

She alleged that ZAMTEL Technical Committee Chairperson Dimple Ranchhod released unverified information.

Mrs Kunda also lamented that the Technical Committee did not invite her legal firm to exculpate it self.

This is contained in a statement released to ZNBC news in Lusaka on Friday.

[ZNBC]

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1 Comments:

At 8:32 AM , Blogger Unknown said...

In general,
law firms for sale should employ the help of business brokers who can look into the legalities of the sale and make sure that all the proper processes are followed to avoid future problems.

 

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