Fr. Bwalya red-cards himself from Zesco board that recently benefited Eurobond

Outspoken Catholic Priest Fr. Frank Bwalya has resigned from the ZESCO board with immediate effect where he was a board chairperson without giving reasons.

In his letter to Energy Minister Yamfwa Mukanga and copied to PS George Zulu and ZESCO Managing Director Cyprian Chitundu, Fr. Bwalya only wrote that his resignation had to do with something within his heart.

Kindly be informed that I have resigned as board chairperson of ZESCO Ltd with immediate effect. The reason for my resignation is very personal. It has to do with something within my heart.

The resignation of Fr. Bwalya from the state entity comes barely a few days after the revelations of massive plunder and corruption in another state owned entity Zambia Railways Limited where Prof. Clive Chirwa and his board led by Mark Chona were shown a red card when they differed on who should loot the biggest chunk of the Eurobond cash.