A PLOY by the UPND to link President Edgar Lungu’s daughter, Tasila, to the controversial 48 houses in Chalala which are under probe has failed as Standard Chartered Bank has dismissed assertions that the person who sold the property to her is its employee.
On Wednesday, UPND sponsored Zambian Watchdog claimed that a Mr. Malcolm Chabala, allegedly working for Standard Chartered Bank in Lusaka, was the registered property owner of the 48 houses on property LUS/56561.
The online publication further claimed that during the investigations by the Anti-Corruption Commission (ACC), Mr. Chabala allegedly told the commission that the actual owner was President Edgar Lungu’s daughter, Tasila. It also claimed that Mr. Chabala gave the ACC copies of the agreement he had with Ms. Lungu and that the plan was to link the plots to the late Willie Nsanda and auction them to a company registered in the Bahamas whose beneficial owner was Ms. Lungu.
It also claimed that Mr. Chabala sold the plot to Ms. Lungu but that the duo never changed ownership on the details serve for a signed sales agreement. But Standard Chartered Bank company secretary Rose Kavimba yesterday dismissed these assertions saying Mr. Chabala did not work for the company, and described such assertions as petty rumours.
“Standard Chartered Bank Zambia Plc wishes to dispel social media reports circulating that an alleged employee of the bank, a Mr. Malcom Chabala, has been named in a case involving 48 houses under investigation by the ACC.
“As a company, we wish to put it on record that the name mentioned in the story making rounds on social media is an attempt to drag this organisation in petty issues outside its mandate in the financial service sector. “Standard Chartered Bank Zambia Plc has received numerous queries from the press to confirm whether or not the said Mr. Malcom Chabala works for this institution. We wish to advise the media, the public, and all stakeholders to treat this as a rumour with the contempt it deserves,” she said.