I forged govt seal, Kachingwe admits

There is no proof to show that any money was sent to a secret account belonging to former President Rupiah Banda or his Son Henry from proceeds of a Nigerian oil deal, the Lusaka Magistrate Court heard yesterday.

Expelled Movement for Multiparty Democracy (MMD) National Secretary Richard Kachingwe yesterday admitted that he was  the one who initiated the Nigerian “Oil deal” in which former President Rupiah Banda is currently being prosecuted.

He was  behind the formation of  SARB Energy Nigeria a company to which he conferred powers of Attorney to act on behalf of the Zambian Government.

Speaking during cross examination by defence lawyers Kachingwe admitted that the whole scheme started when he was serving in Nigeria as Deputy High Commissioner when he  was approached  by two Nigerian businessmen who proposed an oil deal with Zambia.