Tuesday 18 September 2018

UK FREEZES ALL FUNDING TO ZAMBIA OVER FRAUD


The UK government has frozen all funding to Zambia citing alleged fraud and corruption.

British High Commissioner to Zambia Fergus Cochrane-Dyet confirmed the announcement in a tweet, adding "UKAid takes zero-tolerance approach to fraud [and] corruption":
The UK is historically Zambia's biggest donor, according to the financial news site Bloomberg.

Africa Confidential reports that the British government is seeking a refund of $4m (£3m) for embezzled funds.


The same report also states that Finland, Sweden, Ireland and Unicef have frozen aid to Zambia because of alleged corruption and have privately asked for funds to be returned.

The publication has further revealed that the country has struck a deal with Russia for supply of civilian planes to resuscitate defunct national carrier Zambia Airways, which is expected to include a presidential jet.

The Zambian government has yet to respond to the development. bbc

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