Zesco sued over $800m debt
Published On December 2, 2021 » 1147 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Kambita

By KASONDE KASONDE-
STATE power utility company, Zesco Limited has been dragged to court by three companies for failure to meet contract obligations and failure to settle outstanding debt amounting to US$800 million.
A Parliamentary committee has heard that Zesco owes local and cross border power suppliers US$797,902,517.54 which has been outstanding for periods ranging from 366 to 1,767 days.

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