Melo News | Tuesday, April 16, 2024 | Lusaka
Attorney General Kabesha emphasized that the Mopani Copper Mines deal with delta mining adhered to all necessary regulatory requirements, ensuring that the transaction was conducted in accordance with the law.
Prior to the deal, Mr. Kabesha clarified that the government did not hold any shares or equity in Mopani, highlighting the transparency of the transaction and the lack of government involvement in the mine.
Through an official statement, Mr. Kabesha explained that the transaction allowed for the issuance of one special share to the government by Mopani, granting the government a seat on the board and enabling participation in key decisions regarding the mine.
Referring to Article 210 of the constitution, Mr. Kabesha underscored the importance of following legal procedures in cases involving the sale, transfer, or disposal of significant state assets, ensuring compliance with constitutional provisions.
Addressing misconceptions surrounding the transaction, Mr. KABESHA expressed disappointment at baseless arguments suggesting a violation of Article 210, urging the public to rely on factual information rather than unfounded claims.
In conclusion, Attorney General Kabesha advised the public to seek accurate information and avoid being swayed by groundless arguments, emphasizing the importance of understanding the facts surrounding the Mopani Copper Mines deal for a clearer perspective on the matter.
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