ZNFU COUNCIL MEETING DEADLOCKED

 

STRONG disagreements characterized the special national council meeting of the Zambia National Farmers Union (ZNFU) following the decision by donors to freeze funding until revelations of the plunder of more than K34 million are cleared.

The ZNFU could not conclusively agree on the way forward as some members demanded immediate action including suspension of those involved in the fraudulent activities.

Some of the councillors felt the meeting was a waste of time as definitive action was clear as demanded by the donor community.

As a compromise the council directed ZNFU board and management to provide comprehensive responses to the forensic audit report that revealed massive plunder.

ZNFU has also been directed to expedite the resolution of dissolving the Lizara Investment Limited, which is currently holding about four percent of the Zanaco shares to facilitate for the transfer of shares to farmers union.

ZNFU at its special council meeting held at Mulungushi Conference Center yesterday requested the ZNFU management to speed up the conclusion of the ongoing audit so that the final audit could be used to provide the basis for the council to make necessary decision.

In a communiqué signed by ZNFU president Evelyn Nguleka, the council resolved that it would only be able to take necessary decision and appropriate actions at its next ordinary meeting scheduled for April or the beginning of May 2016.

Dr Nguleka said the council requested the ZNFU board of directors to provide responses to the second formal draft audit report as had been requested by and agreed with the co-operating partners. She said the council also requested the ZNFU board to follow up with the Zambia Institute of Chartered Accountants (ZICA) and obtain a response on the progress made on the request by the

 

farmers union to have a review  of the entire audit that has found its executive allegedly involved in the plunder and fraudulent activities at the institution.

Dr Nguleka said the council further urged ZNFU board and management to continue engaging the co-operating partners until the audit process was completed.

“The Zambia National Farmers Union held a special council meeting yesterday at the Mulungushi Conference Centre at which it was resolved that the ZNFU management should provide responses to the second formal draft audit report as requested and agreed with the co-operating partners. The council reiterated the need to speed up the conclusion of the on-going audit so that the final audit report is used to provide the basis for the council to make necessary decision or take appropriate actions at its next ordinary meeting scheduled for April or the beginning of May,” she said.

Dr Nguleka said the council meeting reaffirmed ZNFU commitment to upholding the highest standards of transparency and accountability of all ZNFU and donor resources.

She stated that the council also assured ZNFU members, co-operating partners and stakeholders that all necessary, appropriate legal measures would be taken to resolve any audit finding that would be contained in the final report.

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