‘Probe Eurobond’
Published On September 11, 2024 » 625 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Chansa

By JAMES KUNDA –
TRANSPARENCY International- Zambia (TIZ) Chapter has urged the Auditor General to immediatly institute a probe into the utilisation of three Eurobonds worth US$3 billion contracted by the Patriotic Front (PF) regime in 2012.
The first Eurobond worth $750 million was contracted in 2012, the second worth $1 billion, in 2014 and the third worth $1.25 billion, in 2015.
TI-Z president Priscilla Chansa said the recommendation followed the institution’s analysis of the Auditor General’s Special Audit Report on external public debt, in which the three bonds were covered.

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